The Sopwith Aviation Company is considering building a new short-range commuter jet, code named 'Sky Streak.' The aircraft's engines will be powered by a new green energy source: high-tension elastomer. The plane will be built in the old, unused S.E.5a assembly facility in Everett WA. The project is expected to last three years. Selected cash flows for the project are summarized in the table below. Sopwith's tax rate is 34% and its cost of capital is 12%. The NPV of the project is $242.86M. Selected Cash Flows for the 'Sky Streak Project ($000,000s) Year 0 1 2 3 Free cash flow -3,500 1,184 1,252 2,371 After the first management discussion about Sky Streak, Microsoft has offered to rent the old S.E.5a assembly area to house programmers for its XBOX gaming system. Microsoft has offered rent of $100M per annum (end-of-year). Given this information, what is the revised NPV for the Sky Streak project? (Express your answer in millions of dollars rounded to two decimal places.) $ 242.86 x