quiremen owns so it would be suitable for future use. Today, the land is valued at the land owns valued at GHS 38,000. This equipment could be used for currently Salcloth & More currently produces boat sails and is considering expanding s operations to include awnings for homes and travel trailers. The company land beside its current manufacturing facility that could be used for the expansion. The company bought this land 5 years ago at a cost of GHS 319,000. At the time of purchase, the company paid GHS 24,000 to level out GHS 295,000. The company currently has some unused equipment that it producing awnings if GHS 12,000 is spent for equipment modifications. Other equipment costing GHS 490,000 will also be required. What is the amount of the initial cash flow to be expended for this expansion project? -GHS 785,000 b. GHS 823,000 C GHS 835,000 d. GHS 859,000 GHS 883,000