Marshall's purchased a corner lot five years ago at a cost of $498,000 and then spent $63,500 on grading and drainage so the lot could be used for storing outdoor inventory. the lot was recently appraised at $610,000. the company now wants to build a new retail store on the site. the building cost is estimated at $1.1 million. what amount should be used as the initial cash flow for this building project?

The initial investment is $1,100,000.

Explanation:

The corner lot is a sunk cost. This means that the cost of the lot will exist whether the project is made or not. Therefore, it shouldn't be taken into account.

The initial investment is building cost. In this case $1,100,000.

Median of a normal distribution is to outlier as lunar perigee is to lunar orbit. Lunar perigee is the side of the moon that is closest too earth. The moon is orbiting elliptically around the earth which means that the closest part of the moon's orbit is the perigee. This is also the the time wherein the moon appears bigger than the normal size. That is why, the distances between the moon and the earth varies according to how the moon is being positioned around the earth while orbiting.