Prior to I&T Consulting Firm completing the survey and providing the information, Christina purchased a lot in Chambersburg, PA at

a deep discount for $$193,000.$ The lot will be used to build the dealership facility if the project is approved. The market value of the

lot is $$443,000.$ The building cost for the state of the art facility is estimated to be $$4,000,000.$ The equipment cost is $$3,000,000.$

What is the initial cash flow of the project?

The initial cash flow $=$$

$[$use a minus sign $"-"$ for a negative cash flow$]$