15 Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land 11 years ago for $5 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would net $9.6 million. The company wants to build its new manufacturing plant on this land, the plant will cost $13.2 million to build, and the site requires $1,056.000 worth of grading before it is suitable for construction. 4 points Skipped Required: What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project? eBOOK Print Multiple Choice References O $18.301760 $25,048.800 $23.856,000 $22,800,000 $21,744.000