A firm that is planning to expand its existing factory operations. The firm currently owns a parcel of land that it bought ten years ago for $150,000. It is currently worth $500,000. The firm's tax rate is 35 percent. How should management treat this land in its expansion plans? It should include the land cost, but only at the original land cost of $150,000. It should only include land cost, but only at the after-tax, current market cost (($500,000 - $150,000)*(1-0.35)) It should only include land cost, but only at the after-tax, current market cost ($500,000 - [($500,000 - $150,000)*(0.35)] It should include the land cost, but only at the current market cost of $500,000 It should not include the land cost since it was purchased in the past.