Baker|Trimline owned a specialized tools company for a total of 12 years when it was sold for $38 million cash. During the ownership, annual net cash flow (revenues over all costs) varied significantly.

The company made 12% per year on its positive cash flows and paid the same rate on short-term loans to cover the lean years. The president wants to use the cash accumulated after 12 years to improve capital investments starting in year 13 and forward. If an 8% per year return is expected after the sale, what annual amount can Baker|Trimline invest forever?

\begin{tabular}{lrrrrrrrrrrrr} Year & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10 & 11 & 12 \\ \hline Net Cash Flow, & 4 & 0 & 1 & 3 & 3 & 1 & 4 & 6 & 8 & 10 & 12 & 12 \end{tabular} $ million per year \begin{tabular}{lrrrrrrrrrrrr} Year & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10 & 11 & 12 \\ \hline Net Cash Flow, & 4 & 0 & 1 & 3 & 3 & 1 & 4 & 6 & 8 & 10 & 12 & 12 \end{tabular} $ million per year