Consider the following income statement Sales $529,192 Costs 344,288 Depreciation 78,300 Taxes 21% Calculate the EBIT. EBIT Calculate the net Income. Net income Calculate the OCF. OCF What is the depreclatlon tax shield? Depreciation tax shield Parker & Stone, Incorporated, is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land six years ago for $5.6 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 $5.9 million. The company wants to build its new manufacturing plant on this land, the plant will cost $131 million to build, and the site requires $830,000 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial Investment in fixed assets when evaluating this project? (Do not round Intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Cash flow amount