Calculate the initial investment if: the purchase price of the machine is Rs 20,000; installation expenditure is Rs 2,000; Rs 1,000 is spent to make the machine operational; net increase in working...

Calculate the initial investment if: the purchase price of the machine is Rs 20,000; installation expenditure is Rs 2,000; Rs 1,000 is spent to make the machine operational; net increase in working capital is Rs 500; cash salvage value is Rs 2,000; book salvage value is Rs 1,500; and the tax rate is 30%.