Dinamyc's Manufacturing purchased a lot in Sin City 7 years ago at a cost of $770,000. Today, that lot has a market value of $1.3 million. At the time of the purchase, the company spent $85,000 to grade the lot and another $22,500 to build a small garage on the lot to house additional equipment. The company now wants to build a new facility on the site. The building cost is estimated at $1.45 million. What amount should be used as the initial cash flow for this project?

Question options:

a)	-$2,857,500
b)	-$2,327,500
c)	-$3,520,000
d)	-$2,750,000
e)	-$2,220,000