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You are given the following information. What is the initial cash outflow? $13,000 $ 4,000 $ 3,000 Purchase and installation of new equipment Sale price

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You are given the following information. What is the initial cash outflow? $13,000 $ 4,000 $ 3,000 Purchase and installation of new equipment Sale price of replaced equipment Book value of replaced equipment When the new equipment is installed: Inventory increase Accounts payable increase Tax rate $ 2,000 $ 1,000 38% $11,580 O $10,380 $9,980 $13,980

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