Lush Inc., is considering launching a new line of natural footcare products. The project has the following parameters:

• Product life cycle of 7 years.
• Initial capital expenditure requirement of $11 million.
• Lushs opportunity cost of capital is 7% (annual effective rate)
• At the end of year 7, Lush expects to salvage all project assets at $8.6 million.

What is the net impact on NPV of the initial capital expenditure and salvage of capital assets (ignore CCA or deprecation)?

Indicate your answer in millions and round to two decimal places. Do not put $ in your response, if it is a loss, make the answer negative.