Amazon wants to make and sell its own smartphones. It will cost $$190$ million initially to build the factory over the course of $12$ months, which will be sold for $$80$ million $10$ years after production starts. The factory will be depreciated linearly to $$0$ over $10$ years. Amazon already owns the land on which the factory will be built. The land could currently be sold for $$10$ million $($after taxes$)$ and was purchased for $$2$ million eight years ago.

After completion of the factory at the end of year $1,$ Amazon expects earnings before interest and taxes $($EBIT$)$ of $$32$ million each year for $10$ years $($in years $2$ to $11).$ The company also has to add inventory $($components$)$ worth $$7$ million just before operation starts at the end of the first year.

Amazon's marginal tax rate is $28\%$ and the appropriate cost of capital for this project is $5\%.$

What is the NPV of this project $($in $ million$)?$