You have just completed a $18,000 feasibility study for a new coffee shop in some retail space you own. You bought the space two years ago for $99,000, and if you sold ittoday, you would net $114,000 after taxes. Outfitting the space for a coffee shop would require a capital expenditure of $25,000 plus an initial investment of $ $5,300 in inventory. What is the correct initial cash flow for your analysis of the coffee shopopportunity?

Identify the relevant incremental cash flowsbelow:(Select all the choices thatapply.)

A.

Price you paid for the space two years ago.

B.

Feasibility study for the new coffee shop.

C.

Amount you would net after taxes should you sell the space today.

D.

Initial investment in inventory.

E.

Capital expenditure to outfit the space.