Answer:
$34,590,000
Explanation:
Kenny incorporation is looking at setting up a new manufacturing plant in South park
The company purchased some lands six years ago $8.4 million
The land will net $11.2 million if sold today
The plant will cost $22.4 million to build
The site requires $990,000 worth of grading before construction
Therefore the proper cash flow can be calculated as follows
= opportunity costs + costs + upgradation
= $11,200,000 + $22,400,000 + $990,000
= $34,590,000
Hence the proper cash flow is $34,590,000
