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JAN Corp. has the opportunity to invest in a new manufacturing process that will increase its annual cash flows by $ 70 million beginning one

JAN Corp. has the opportunity to invest in a new manufacturing process that will increase its annual cash flows by $ 70 million beginning one year from now. The increase in cash flows is expected to last 20 years. Assuming that it will cost JAN Corp. $ 1,000 million today to implement the new process and the projects cost of capital is 12%, What is the NPV of this project? Enter your answer in $ millions without the $; round your final answer to two decimals.

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