Twitz Corp. is looking at setting up a new manufacturing plant in Kennesaw, GA$.$ Twitz had bought a piece of land $3$ years ago for $$2$ million thinking to use it as for expansion of its warehouse, but Twitz decided to lease a building nearby for those purposes. Today, the value of the land net of taxes is estimated at $$2\mathrm{.}6$ million. Twitz now wants to build a new manufacturing plant for a new project called AAA$-$T on this land; the plant will cost $$9$ million to build, and the site requires $$1\mathrm{.}2$ million worth of improvements before it is suitable for construction. Twitz also plans to use a parking garage that has been empty for several years $($company owns the building but it is not using it$).$ This parking garage can be sold today for $$8$ million, net of taxes. Inn addition, launching the project will require an investment in working capital today in the amount of $$1\mathrm{.}7$ million. In addition, new equipment in the amount of $$3\mathrm{.}0$ million is needed for the project. The tax rate is $20\%.$

What is the initial investment outlay $($IO$)$ for the NPV evaluation of this project? Enter your answer in millions rounding to two decimals and use a negative when IO is a cash outflow. For example, if you obtained a cash outflow of $$3,850,000$ then enter $-3\mathrm{.}85$; for a cash flow of $$4,000,000$ then enter $-4\mathrm{.}00$