XYZ Inc. is deciding whether to buy a new building. The building will increase cash flows by $5,000,000 per year. The building has a 10-year life and will be obsolete 10 years from today. The building is currently priced at $15 million. The cost of the building will decline by $2,500,000 per year until it reaches 5 million, where it remains until it is obsolete. The required rate of return is 10%.

Calculate the NPV of the project assuming the project is started today. (Round to 2 decimals)