A company is looking at setting up a new production facility in Inland Empire. T company bought a piece of land six years ago for $4.9 million in anticipation of using as a warehouse and distribution site, but the company has since decided to rent the facilities from a competitor instead. If the land were sold today, the company would $5.2 million. The company wants to build its new production facility on this land; 1 facility will cost $12.4 million to build, and the site requires $760,000 worth of gradi before it is suitable for construction. What is the proper cash flow amount to use as 1 initial investment in fixed assets when evaluating this project? (Enter your answer a: positive value in dollars, not millions of dollars, e.g., 1,234,567.) Cash flow amount