You are a manager at Northern Fore, which is considerng expanding is operafions in synthetic fibre manudacturing. Your boss comes into your office, drops a consultant's report on your desk. and complains, "We owe these consultants $1.4 milion for this report, and I am not sure ther analysis makes sense. Before we spend the $20 million on new equipment needed for this project, look it over and give me your opinion" "You open the report and find the following ostimates (in milions of dollars): B. If the cost of captal for this project is 16%, what is your estimate of the value of the new pecject? Value of projoct =$ million (Round to three decmal places.)