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1 points SAVE The Market Farms purchased a parcel of land six years ago for $200,000. At that time, the fire invested $75,000 grading the sites that it would be usable Since the firm wasn't ready to use the site itself at that time, it decided to lease the land for $40.000 a year. The Market Farms is now considering building a hotel on the site as the rental lease is expiring. The current value of the land is $225,000. The firm has no loans or mortgages secured by the property What value should be included in the initial cost of the hotel project for the use of this land? O a. 50 O b. $200,000 Oc $229,000 Od $101,900 Oe. $225.000