Last year, Bottlers, Inc. purchased land located beside their factory at a price of $1,500,000 plus $250,000 in real estate fees. Today, the land has a market value of $2,000,000. The company is now considering building a new warehouse on that land. The construction cost of the warehouse is estimated at $675,000. In addition, $90,000 worth of grading will be required to prepare the construction site. What is the initial cash flow of this project?