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Five years ago, Mayer Corp purchased a plot of land for $3,977,318. Currently the land is worth $3,901,280. To make the land suitable for a
Five years ago, Mayer Corp purchased a plot of land for $3,977,318. Currently the land is worth $3,901,280. To make the land suitable for a new store to be built, the land will require $79,262 worth of landscaping. To help determine the potential sales generated by a store in this location, Mayer Corp. paid $221,210 dollars for a traffic study. What is the appropriate cash flow at time o for this investment? (Enter the magnitude of your answer. Ex: 123 not-123)
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