You are a manager at Northern Fibre, which is considering expanding is operations in synthetic fibre manufacturing. Your boss comes into your office, drops a consultants report on your desk, and complains, "We owe these consultants 31.8 million for this report and I am not sure their analysis makes sense. Before we spend the $20 million on new equipment needed for this project, look it over and give me your opinion. You open theroport and find the following antimates (in millions of dollars) 1 2 9 10 Sales revenue 92.000 32.000 32.000 32.000 - Cost of goods sold 19.200 19 200 19.200 19 200 Gross profil 12.800 12 000 12.800 12800 - General, sales, and administrative expertson 1.840 1.540 1840 1840 -Depreciation 2300 2.300 2300 Net operating inom 1.19000 3.0000 0.0000 8.000 - income tax 3031 3,031 3031 3031 bilt the cost of capital for this project 13%. What is your one of the value of the new project? Valoe ot projectes million (Round to the decimal places) 2.300