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Parker & Stone, Inc. is looking at setting up a new manufacturing plant in South...

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Parker & Stone, Inc. is looking at setting up a new manufacturing plant in South Park to produce garden ols. The company bought some and sx years ago for $5.9 million in anticipation of using it as a Warehouse and distribution site, but the company has since decided to rent those facilities from a competitor instead. If the land were sold today, the company would net 56.2 million. The company wants to build its new manufacturing plant on this and the plant will cost $13.4 million to build and the site requires 5860,000 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the investment in fesses when evaluating this project? (Enter your answer in dollars, not millions of dollars, 1,234,567) Chow amount

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