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What amount should samson consider as a total upfront

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Question 1: Samson's purchased land five years ago for $640,000, spent $50,000 to prepare the land and another $4,000 to construct a small building for a parking lot attendant. Now, it is 5 years later, and the land can be sold for $820,000 after-tax. Instead, Samson's considers keeping it to build a new retail store on the land, which it estimates will cost $1,500,000. What amount should Samson's consider as a total upfront Investment when deciding whether or not to build the store?

Reference no: EM132862714

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