Based on an engineering study completed a year ago at a cost of $50,000, Anna company is considering whether to construct a new production facility on a plot of land that the company already owns. The plot was acquired at a cost of $400,000 and has a current market value of $1 million .The company is subject to 40% regular tax rate and the capital gains are taxed at half of the regular rate. What will be the Anna companys initial investment in the project