your company purchased a piece of land five years ago for $150,000

OLIURE 1 pts Your company purchased a piece of land five years ago for $150,000 and subsequently added $175,000 in improvements. The current book value of the property is $225,000 There are two options for future use of the land: 1) the land can be sold today for $375,000 cash after taxes; 2) your company can destroy the past improvements and build a factory on the land. In deciding whether or not to build the factory, what amount (if any) should the land be valued at? The after-tax salvage value of $375,000. The property should be valued at zero since it is a sunk cost. The sales price of $375,000 less the book value of the improvements. The original $150,000 purchase price of the land itself. The present book value of $225,000