The Messer Corporation is evaluating the following project. The CFO has determined that the appropriate risk-adjusted discount rate is 7%.Calculate the net present value for the project. (Round to 2 decimals)

Year Cash Flow

0 -13,000,000

1 4,000,000

2 3,500,000

3 4,200,000

4 1,000,000

5 -2,000,000

6 3,000,000

7 3,000,000