THIS QUESTION HAS BEEN SENT IN FOR THE THIRD TIME NOW. PLEASE DO NOT ANSWER THIS UNLESS YOU ARE CERTAIN CHEGG!!! Amazon wants to make and sell its own smartphones. It will cost $$190$ million initially to build the factory over the course of $12$ months, which will be sold for $$80$ million $10$ years after production starts. The factory will be depreciated linearly to $$0$ over $10$ years. Amazon already owns the land on which the factory will be built. The land could currently be sold for $$10$ million $($after taxes$)$ and was purchased for $$2$ million eight years ago.

After completion of the factory at the end of year $1,$ Amazon expects earnings before interest and taxes $($EBIT$)$ of $$32$ million each year for $10$ years $($in years $2$ to $11).$ The company also has to add inventory $($components$)$ worth $$7$ million just before operation starts at the end of the first year.

Amazon's marginal tax rate is $28\%$ and the appropriate cost of capital for this project is $5\%.$

What is the NPV of this project $($in $ million$)?$