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Anne's Bakery purchased a lot in Oil City 6 years ago at a cost of $302,000....

Anne's Bakery purchased a lot in Oil City 6 years ago at a cost of $302,000. Today, that lot has a market value of $365,000. At the time of the purchase, the company spent $15,000 to level the lot and another $20,000 to install storm drains. The company now wants to build a new facility on that site. The building cost is estimated at $1.51 million. What amount should be used as the initial cash flow for this project?" "

-1,875,000

-1,945,000

-1,925,000

-1,470,000

-1,850,000"

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