Kelly’s Corner Bakery purchased a lot in Oil City five years ago at a cost of $550,000. Today, that… Show more Kelly’s Corner Bakery purchased a lot in Oil City five years ago at a cost of $550,000. Today, that lot has a market value of $800,000. At the time of the purchase, the company spent $45,000 to level the lot and another $4,200 to install storm drains. The company now wants to build a new facility on that site. The building cost is estimated at $1,260,000. What amount should be used as the initial cash flow for this project? • Show less