Kelly's Corner Bakery purchased a lot in Oil City five years ago at a cost of $640,000. Today, that lot has a market value of $810,000. At the time of the purchase, the company spent $56,000 to level the lot and another $4,300 to install storm drains. The company now wants to build a new facility on that site. The building cost is estimated at $1,150,000. What amount should be used as the initial cash flow for this project? $-1,846,000 $-2,016,000 $-1,790,000 $-1,150,000 $-1,960,000