Lara Technologies Is Considering a Cash Outlay of $250,000 for the Purchase

Multiple Choice

Lara Technologies is considering a cash outlay of $250,000 for the purchase of land,which it could lease out for $35,000 per year.If alternative investments are available that yield a 12% return,the opportunity cost of the purchase of the land is

A) $35,000
B) $30,000
C) $250,000
D) $4,200