The Finney Company is reviewing the possibility of remodeling one of its showrooms and buying some new equipment to improve sales operations. The remodeling would cost $135,000 now and the useful life of the project is 12 years. Additional working capital needed immediately for this project would be $45,000; the working capital would be released for use elsewhere at the end of the 12-year period. The equipment and other materials used in the project would have a salvage value of $25,000 in 12 years. Finney's discount rate is 17%. (Ignore income taxes.)

The immediate cash outflow required for this project would be: (Round discount factor(s) to 3 decimal places and final answer to the nearest dollar amount.) $(135,000) $(180,000) $(160,000) $(90,000)