Marston Manufacturing Co$.$ owns a warehouse that it is not currently using. It could sell the warehouse for $$300,000$ or use the warehouse in a new project. Should Marston Manufacturing Co$.$ include the value of the warehouse as part of the initial investment in the new project?

Yes, because the firm could sell the warehouse if it didn$$t use it for the new project.

No$,$ because the company will still be able to sell the warehouse once the project is complete.

No$,$ because the cost of the warehouse is a sunk cost.