A company is looking to purchase and replace a fixed asset for $245,000. It will sell the asset that will be replaced for $46,000 but will incur a $20,000 gain upon that sale. It must also commit $30,000 of working-capital to the investment. The firm's tax rate is 35%. What is the amount of the relevant initial investment?.

Layer r contains a well-known index fossil that is 100 million years old. based on this information and the principle of superposition, a. layers t and m are older than 100 million years, and layers x and g are younger than 100 million years. b. layers t, m, x, and g are all older than 100 million years. c. layers t and m are younger than 100 million years, and layers x and g are older than 100 million years.