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Kelly's Corner Bakery purchased City five years ago at a cost of $690,000. Today, that lot has a market value of $710,000. At me tine

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Kelly's Corner Bakery purchased City five years ago at a cost of $690,000. Today, that lot has a market value of $710,000. At me tine of me purchase the company spent $56,000 to level me the and another $3, 900 to install storm drains The company now wants to build a new facility on that site. The building cost is estimated at $1130,000. What amount should be used as the initial cash flow for this project? $1, 876,000 $1, 820,000 $1, 896,000 $1, 840,000 $1, 130,000

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