Marshall's & Co. purchased a corner lot in Eglon City five years ago at a cost of $810,000. The lot was recently appraised at $685,000. At the time of the purchase, the company spent $5000 to clean the lot and another $40,000 tobrokerage services provided by Century 21. The company now wants to build a new retail store on the site. The building cost is estimated at $1.2 million.

What amount should be used as the initial cash flow for this building project?

a- $1,840.000

b- $1,885.000

c- $2,010.000

d- $2,050.000

e- $2,055.000