A company is considering building a distribution center on undeveloped land that it acquired more than ten years ago at a cost of $400,000. The company estimates the cost of putting in utilities, sewers, roads and other such costs of preparing the land for the distribution center at $200,000. Three months ago the company also spent $20,000 to conduct a land appraisal which found the market value of the land is now $600,000. In evaluating this capital project, the initial investment outlay associated with the use of the land by the distribution center will most likely be considered to be:

a.)	The amount is $620,000.
b.)	The amount is $1,200,000.
c.)	The amount is $820,000.
d.)	The amount is $800,000.