Montreal Sun Printing Is Looking at an Opportunity of Setting

Montreal Sun Printing is looking at an opportunity of setting up a new production facility,which requires the purchase of a new printing press that costs $1 million.The costs to install the machine are $60,000.The new facility is to be built on a piece of land that the company bought for $150,000 five years ago.The market value of the land is $250,000.The R&D costs associated with the investment opportunity were $50,000.In addition,the company will need to purchase $40,000 additional inventory for the project use.What is the initial after-tax cash flow associated with the investment opportunity?

A) $1,250,000
B) $1,300,000
C) $1,350,000
D) $1,400,000