You are evaluating the proposed acquisition of a new truck. The truck's basic price is $90,000. It costs an additional $10,000 to be installed. The truck falls into the MACRS three year class, and it will be sold after three years for $15,000. In year zero, the truck requires an investment of $5,000 in working capital. The truck will have no effect on revenues, but it is expected to save the firm $40,000 per year in before tax operating costs, mainly labor. The firm's marginal tax rate is 40 percent and the MACRS Depreciation rates are: 33%; 45%; 15%; and 7% for yrs. 1, 2, 3 and 4, respectively. Here is the first of three questions:

Qt 1: What is the initial investment (sum of all cash outflows) required for this project at t = 0? Group of answer choices -$105,000 -$100,000 -$90,000