You have just completed a $20,000 feasibility study for a new coffee shop in some coffee shop in some retail space you own. You bought the space two years ago for $102,000, and if you sold it today, you would net $114,000 after taxes. Outfitting the space for a coffee shop would require a capital expenditure of $28,000 plus an initial investment of $4,800 in inventory. What is the correct initial cash flow for your analysis of the coffee shop opportunity?Identify the relevant incremental cash flows below. Calculate the initial cash flow below:

1. $ ?

2 $?

3 $?

4 Free Cash Flow $?