Speck Inc. purchased a tract of land 3 years ago at a cost of $280,000. Speck is now considering building a new manufacturing plant on the land. A recent appraisal put the land's value at $435,000, for which the company is assumed to be able to sell it if necessary. What amount relative to the land (ignoring any tax implications) should be included in the capital budgeting analysis on whether to accept or reject the project? Zero $280,000 $435,000 $280,000 plus interest for three years