The Board of Directors of voice free chemicals is considering the acquisition of a new chemical process are the processors price at $600,000 but would require 60,000 transportation costs and 40,000 for insulation the processor will have a useful life of 10 years period The project will require waste free to increase investment in accounts receivable by $80,000 in will also requires an additional investment in inventory of $150,000 the firms marginal tax rate is 40% how much is initial cash outlay of the processor?