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Marwa & Co purchased a parcel of land six years ago for $577456. At that time, the firm invested $181864 in grading the site so that it would be usable Since the fem wasn't ready to use the sha 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 in $723406 What value should be included in the initial cost of the warehouse project for the use of this land? 2 points See Aer Question 16 Marwa & Co purchased a parcel of land six years ago for $577456 At that time, the firm invested $181864 in grading the site so that it would be usable. Since the fem wasn't ready to use the site ital 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 $723406 What value should be included in the initial cost of the warehouse project for the use of this land