Answer without using excel and minimize shortcuts including the use if a financial calculator. Please show all work

Q1) White Oak Garden Inc is looking at setting up a new manufacturing plant in London, Ontario to produce garden tools The company bought some land six years ago for $6,000,000 in anticipation of using it as a warehouse and distribuson 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 $6,400,000. The company wants to build its new manufacturing plant on this land, the plant will cost $14,200,000 to build, and the site requires $890,000 worth of grading before it is sultable for construction. What is the proper cash-flow amount to use as the initial investment in fixed assets when evaluating this project? Why? Answer: The $6,000,000 acquisition cost of the land six years ago is a sunk cost. The $6,400,000 current aler tax value of the land is an opportunity cost if the land is used rather than sold off. The $14,200,000 cash outlay and $890,000 grading expenses are the initial fixed asset investments needed to get the project going Proper year zero cash flow to use in evaluating this project =