LLC recently bought a piece of machinery for $20 million and expects cash flows generated from the investment in the next three years to be: $10 million, $14 million, and $18 million. Using a discount rate of 7%, calculate the NPV of the investment (rounded to the nearest million).

a	$18 million

b	$38 million

c	$13 million

d	$23 million

e	$16 million