XYZ-ABC Partners, LLC, is looking at setting up a new plant in Florida to produce lawn mowers. The company bought some land 1 year ago for $4 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 $6 million. The company wants to build its new plant on this land; the plant will cost $12 million to build, and the site requires $2 million 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? $12 million $14 million $16 million $24 million $20 million