Time left 0:29:52 Company X is considering replacing its lighting system. The new lights will cost $40.000 and can be installed for $10.000. The old lights were fully depreciated but can be sold for $5.000. If Company X has a 20 percent tax rate, the initial cash outflow for the new lighting system is......... of a. $46.000 b. $54.000 O c. $45.000 O d. $35.000