Storage USA is considering expanding their operations. The company owns a lot near the present facility on which a new building can be constructed. The land was purchased 10 years ago for $50,000 and now has a market value of $180,000. Assuming a tax rate of 35%, calculate the opportunity cost of the land.
A)$130,000
B)$134,500
C)$ 84,500
D)$180,000

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The Answer of Storage USA is considering expanding their operations. The company owns a lot near the present facility on which a new building can be constructed. The land was purchased 10 years ago for $50,000 and now has a market value of $180,000. Assuming a tax rate of 35%, calculate the opportunity cost of the land.
A)$130,000
B)$134,500
C)$ 84,500
D)$180,000

Storage USA Is Considering Expanding Their Operations