Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land 9 years ago for $6 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 $10 million. The company wants to build its new manufacturing plant on this land; the plant will cost $14.2 million to build, and the site requires $1,200,000 worth of grading before it is suitable for construction. Parker & Stone have leased the current site to a tenant, and before construction can begin the contract requires a $950,000 buyout to get the tenant out. The CFO & CEO have decided to raise the necessary cash by floating bonds, which will mean paying $50,000 to the bond underwriter and $300,000 a year in coupon payments for 8 years. What are the relevant cash flows to consider?