Cutting Edge Concrete (CEC)set the Industry Standard for High-Performance Concrete

Cutting Edge Concrete (CEC) set the industry standard for high-performance concrete from the company's conception in 2008 until 2012.New environmentally beneficial innovations opened a new marketing arena for concrete manufacturers in 2008,with concrete mixes that reduced pollution caused by traffic.
In Stage I,the project-identification stage,CEC determined that green construction ensured the company remained competitive in industry.
In Stage II,the information-gathering stage,CEC contracted a cost-benefit analysis and cost-effectiveness analysis to measure the effect that adoption of new technology would have on revenue.CEC finds that the after-tax initial investment for the machine is $410,000 and the machines have a useful life of 8 years.Cash inflows are estimated to cost $11,000 and $21,000 from the disposal of old machine is $21,000.

Required
Compute the net initial investment for the machine.

A) $300,000
B) $400,000
C) $500,000
D) $600,000
E) $700,000