value: 5.00 points Marshall's & Co. purchased a corner lot in Eglon City five years ago at a cost of $580,000. The lot was recently appraised at $632,000. At the time of the purchase, the company spent $45,000 to grade the lot and another $4,600 to build a small building on the lot to house a parking lot attendant who has overseen the use of the lot for daily commuter parking. The company now wants to build a new retail store on the site. The building cost is estimated at $1,250,000. What amount should be used as the initial cash flow for this building project? O $1,839,100 O $1,886,500 O $1,891,100 O $1,882,000 O $1,830,000 value: 5.00 points Use the table below to answer this question. MACRS 5-year property Year Rate 20.00% 32.00% 19.20% 11.52% 5 11.52% 6 5.76% Sun Lee's Furniture just purchased some fixed assets classified as 5-year property for MACRS. The assets cost $39,000. What is the amount of the depreciation expense for the third year? 0 $3,744 $12,480 O $7,488 $4,493 0 $6,240