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Marwa & Co. purchased a parcel of land six years ago for $743155. At that time, the firm invested $226728 in grading the site so

Marwa & Co. purchased a parcel of land six years ago for $743155. At that time, the firm invested $226728 in grading the site so that it would be usable. Since the fie wasn't ready to use the site itself at that time, it decided to lease the land for $53,500 a year. The company is now considering building a warehouse on the site as the rental lease is expiring. The current value of the land is 3887123, What value should be incude
in the initial cost of the warehouse project for the use of this land?

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