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Parker & Stone, inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land

Parker & Stone, inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land 10 years ago for $4,687,716 in anticipation of using it as a warchouse 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 $3,973,300. An engineer was hired to study the land at a cost of $755,523, and her conclusion was that the land can support the new manufacturing facility. The company wants to build its new manufacturing plant an this land: the plant will cost $5,257,015 million to build, and the site requires $1,243.559 worth of grading before it is suitable for construction. What is the proper casif flow amount to use as the initial investment in fixed assets wheri evaluating this project?
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