A company is considering whether to invest in a new production facility. The facility will cost $10 million to build and will have a 10-year lifespan. The company expects to generate $2 million in annual revenue from the facility, with operating costs of $1.5 million per year. The facility will be depreciated over its lifespan on a straight-line basis, and the company's tax rate is 30%. The company uses a discount rate of 10% to evaluate capital investments. What is the net present value of the proposed facility?