Which of the following statements is true of extranets? Group of answer choices They increase internetworking costs for companies, which subsequently leads to increased losses. They facilitate information exchange among business partners. They help organizations move from a calendar-based document-publishing strategy to one that is based on events. They are a type of public network that can be accessed without any specific rights.

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?