Pony Corp. is thinking about opening a baseball camp in Bataan. In order to start the camp, the company would need to purchase land, build five baseball fields, and a dormitory-type sleeping and dining facility to house 100 players. Each year the camp would be run for 10 sessions of 1 week each. The company would hire college baseball players as coaches. The camp attendees would be baseball players age 12-18. Property values in Bataan have enjoyed a steady increase in value. It is expected that after using the facility for 20 years, Schilling can sell the property for more than it was originally purchased for. The following amounts have been estimated: Cost of land Php 600,000