Sylvan motors is examining a new project. The new project would require Sylvan motors to build a new factory. The factory would last approximately 20 years. The land would cost $1.6 million and the building would cost $6.5 million. Production equipment worth $8 million would also have to be acquired. It was estimated that, in 20 years, the land would be worth $2.5 million and the building $2.25 million in today's dollars. The equipment would have a negligible salvage value. The building is subje