tanen industries is considering an expansion. the necessary equipment would be purchased for $11 million and will be fully depreciated at the time of pirchase, and the expansion would require an additional $4 million investment in net operating working capital. The tax rate is 25%. What is thr initial investment outlay after bonus depreciation is considered?

The company spent and expanded $25,000 on research related to the project last year. Would this change your answer? explain.

Suppose the company plans to use a building that it owns to house the project. the building could be sold for $5 million after taxes and real estate commissions. How would thag fact affect your answer?