A company is trying to determine the initial investment for a four-year replacement project. The company owns some land that was originally purchased for $1,000,000. The land can be used fo management feels that inventory will be reduced by $2.47 million but that will be reversed at the of this project. The company also spent $1.64 million on a marketing survey to determine the fea: of this project. What is the inital outlay at time 0 for this project? Express your answer in millions dollars and round to two decimal places. Negative amount should be indicated by a minus sign (F