The Fowlerville Fowls minor league baseball team are considering building a new stadium. They will only do so if their Senior Financial Analyst determines building the stadium would have a positive Net Present Value. Using the data below, determine what the Year 0 cash flow would be: They bought this land the land the stadium would be built on in 2015 for $1,500,000. An international firm has just made an offer to buy the land for $2,000,000. Construction cost of building the stadium is $2,300,000 $25,000 for a marketing study, which investigates the marketing potential for building a new stadium $100,000 for additional street lights, access road improvements and parking lot for the new stadium $100,000 for an electronic video sign in front of the building and additional signage around the city $1000 for a trip taken by team management last year to see a similar stadium in Wooster, Ohio.

$3,800,000

$4,500,000

$2,325,000

$4,525,000

$2,300,000