What is the project's initial investment outlay based on the following information: The machinery could be purchased for $$53,874.$ Shipping and installation costs would cost another $$11,352.$ The project would require an initial investment in net working capital of $$13,785.$

Do not enter $ or comma in the answer answer. Enter your final answer of initial outlay as an absolute number $($that means, enter it as a positive number$).$