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READ: Please let me know if the answers/ solutions in the green column are in fact the correct answers; Please briefly explain why correct and

READ: Please let me know if the answers/ solutions in the green column are in fact the correct answers; Please briefly explain why correct and IF NOT Correct: Please work out the problem and explain how to do it image text in transcribed
Rews Co, is starting a new capital budgeting project. They purchased a plot of land for $3.6 million 6 years ago, which will currently sell for $4.1 million if sold. The company wants to build a new plant on the land, which the building would cost $18.1milli. The Iand would need to be prepped for $950,000 before construction of the building. What is the CAPEX in year 0 for this project

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