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In Step Video is considering expanding its video rental library to 8,000 tapes.The purchase price of the additional videos will be $80,000 and the shipping cost is another $4,000.To house the tapes, the owner will have to spend another $10,000 for display shelves, increase net working capital by $5,000, and interest expenses will add another $8,000 to the operating cost.What is the net investment to In Step Video for this project?
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Question that paraphrases the content of the answer an interviewee gave to the last question.
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