TBD Industries is considering an expansion. The company spent $35,000 on research related to this project last year. The needed equipment would be purchased for $10,000,000 and an additional $800,000 would be needed for net operating working capital to support the expansion. Suppose TBD also needs a building to house the equipment. The company already owns a building that it could use but it could also sell that building and net $1,500,000 after taxes and commissions. What is the initial investment outlay for this project under these circumstances? ? $800,000 (B) $10,000,000 (C) $10,800,000 (D) $10,835,000 $12,300,000 TBD Industries is considering an expansion. The company spent $35,000 on research related to this project last year. The needed equipment would be purchased for $10,000,000 and an additional $800,000 would be needed for net operating working capital to support the expansion. Suppose TBD also needs a building to house the equipment. The company already owns a building that it could use but it could also sell that building and net $1,500,000 after taxes and commissions. What is the initial investment outlay for this project under these circumstances? ? $800,000 (B) $10,000,000 (C) $10,800,000 (D) $10,835,000 $12,300,000