What is the project's initial investment outlay based on the following information: The machinery could be purchased for $29268. Shipping and installation costs would cost another $1633. The project would require an initial investment in net working capital of $2679. (Even though initial outlay is a negative cash flow, enter the absolute value.)

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.