Question 26 1.5 points Save Answer Clara Inc, is looking at setting up a new manufacturing plant in North Park. The company bought some land six years ago for 56.3 million in anticipation of uting it as a warehouse and distribution site, but the company has since decided to rent facilities elsewhere. The land would net $12 million if it were sold today, The company now wants to build its new manufacturing plant on this land: the plant will cost $18.5 million to build and the site requires $0.87 milion 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? Enter your answer in millions of dollars (without the $ sipn) and to 2 decimal places