Truman Industries is considering an expansion. The necessary equipment would be purchased for $10. The expansion would require an additional $2 investment in net operating working capital. The company spent and expensed $3 on research related to the project last year. The company plans to use a building that it owns to house the project. The building could be sold for $7 after taxes and real estate commissions. What is the initial investment outlay?

$22

$12

$19

$15