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Kelly's Corner Bakery purchased a lot in Oil City six years ago at a cost of $ 9 8 , 7 0 0 . Today,

Kelly's Corner Bakery purchased a lot in Oil City six years ago at a cost of $98,700. Today, that lot has a market value of $128,900. At the time of the purchase, the company spent $6,500 to level the lot and another $12,000 to install storm drains. The company now wants to build a new facility on the site at an estimated cost of $494,200. What amount should be used as the initial cash flow for this project?
Multiple Choice
-$582,400
-$641,600
-$611,400
-$592,900
-$623.100
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