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You are given the following information. What is the initial cash outflow? Purchase and installation of...

You are given the following information. What is the initial cash outflow?

Purchase and installation of new equipment $12,000

The sale price of replaced equipment $ 4,000

Book value of replaced equipment $ 3,000

When the new equipment is installed:

Inventory increase $ 2,000

Accounts payable decrease $ 1,000

TAXES 40%

IN YOUR ANSWER DO NOT USE WORDS JUST NUMBERS SUCH AS 000,000 000000

Please Solve As soon as
Solve quickly I get you two UPVOTE directly
Thank's
Abdul-Rahim Taysir

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