Marwe & Co. purchased a parcel of land six years ago for $577475. At that time, the firm invested $163993 in grading the site so that il would be usable. Since the Air wasn't ready to wee the gite Rued at Inat/rsur

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 $814813. What valuo chauki ceme

in the initial oust of the warehouse project for the use of this land?

Marwa & Co. purchased a parcel of land six years ago for $577475. Al that time, the firm invested $163903 in grading the site so that it would be usable. Since the firm weert mady to see the c 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 $814513 What in the initial cost of the warehouse project for the use of this land