Using Feedough's 'Startup Cost Calculator', estimate the initial capital needed for a new online business. Assume the business requires $5,000 for 'Web Development', $1,000 for 'Legal fees for incorporation' (under Pre-Trading), and $500 for 'Marketing Research'. State the total estimated startup cost.
Navigate to Feedough's 'Startup Cost Calculator' page. Locate the 'Legal fees for incorporation' input field and enter '1000'. Locate the 'Web Development' input field and enter '5000'. Locate the 'Marketing Research' input field and enter '500'. Identify and state the 'Total Startup Cost' displayed on the page.
Successfully navigate to the 'Startup Cost Calculator' page. Input '1000' for 'Legal fees for incorporation'. Input '5000' for 'Web Development'. Input '500' for 'Marketing Research'. State the correct 'Total Startup Cost' displayed after all inputs are made.