1. Westridge inc is considering a new project. The project would require some equipment thats priced at $800,000 and another $50,000 for shipping and installation. The company just paid $35,000 to a consulting company that recommended the equipment. The project would also require an additional $100,000 in working capital to start production. How much would be the initial investment at year 0 if the company takes this project?
2. $985,000
3. $950,000
4. $900,000
5. $885,000
6. $850,000