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Angela's flower purchased a lot in Sand City 4 years ago at a cost of $ 2 6 0 , 0 0 0 . Today,

Angela's flower purchased a lot in Sand City 4 years ago at a cost of $260,000. Today, that lot has a market value of $340,000. 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 $1,470,000. The company also needs to buy an equipment at $210,000 for the project. What amount should be used as the initial cash flow for this project?
Group of answer choices
-$1,470,000
-$1,810,000
-$1,825,000
-$2,020,000

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