Use the following information to evaluate a new project to purchase an equipment. This equipment should be used with tool $x$ the firm now owns, and if this equipment is not purchased, the tool $x$ would be sold for $$50,000.$ What is the project's Year $0$ cash flow?

Equipment cost

Increase in NOWC

Tax rate

$$80,000$

$$20,000$

$40\%$

Select one:

a$.-$$$130,000$

b$.-$$$122,000$

c$.-$$$112,000$

d$.-$$$142,000$