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You are given the following information. What is the initial cash outflow? $12,000 $ 6,000 $ 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? $12,000 $ 6,000 $ 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 40% O $7 400 $11,000 O $7,000 $8,600

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