The initial purchase price of a new stamp press is $6,000. The firm wi

The initial purchase price of a new stamp press is $6,000. The firm will spend $5,000 on shipping and installation. Training of new employees will cost $2,000. As a result of the purchase, inventory must increase $1,300.

What is the net initial cash flow? Round your answer to the nearest dollar. Sign your cash flows negative for outflows and positive for inflows.
A) $13,000
B) -$13,000
C) $14,300
D) -$14,300
E) $11,000

ANSWER

D