You have just completed a $ 20 comma 000 feasibility study for a new coffee shop in some retail space you own. You bought the space two years ago for $ 103 comma 000, and if you sold it today, you would net $ 115 comma 000 after taxes. Outfitting the space for a coffee shop would require a capital expenditure of $ 25 comma 000 plus an initial investment of $ 4 comma 800 in inventory. What is the correct initial cash flow for your analysis of the coffee shop opportunity?
Calculate the initial cash flow below: (Select from the drop-down menus and round to the nearest dollar.) 1 $ 2 $ 3 $ 4 Free Cash Flow $