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Metro Corporation will spend $1 million for special manufacturing equipment, Shipping and installation charges will amount to 5175,000 and an initial increase in networking capital of $50,000 will be required

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Metro Corporation will spend $1 million for special manufacturing equipment, Shipping and installation charges will amount to 5175,000 and an initial increase in networking capital of $50,000 will be required. The equipment will replace an existing machine that has a salvage value of $85.000 and a book value of $140,000. Il Metro has a current marginal tax rate of 34%, what is the amoun of the initial outlay for this project? $112.300 51021.300 51.140,000 O 5: 225.000 051243700