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You are considering adding a new plane to your fleet. The new plane will cost $85,000. For your special uses, upgrading the plane will cost
You are considering adding a new plane to your fleet. The new plane will cost $85,000. For your special uses, upgrading the plane will cost an additional $20,000. You will also need to use your $12,000 hangar to store the plane. You spent $15,000 on consultants to find this plane and develop the upgrades. For incremental cashflow analysis, what is your initial cash flow?
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