Parker \& Stone, Incorporated, is looking at setting up a new manufacturing plant in Sou Park to produce garden tools. The company bought some land six years ago for \$4 million in anticipation of using it as a warehouse and distribution site, but the compar has since decided to rent these facilities from a competitor instead. If the land were so today, the company would net $4.8 million. The company wants to build its ne manufacturing plant on this land; the plant will cost $12 million to build, and the si requires $720,000 worth of grading before it is suitable for construction. What is proper cash flow amount to use as the initial investment in fixed assets when evaluatir this project? (Do not round intermediate calculations and enter your answer in dollar not millions of dollars, e.g., 1,234,567.)