You are the CFO of a large corporation and you are considering purchasing a plot of land that can be used to mine copper. The cost of the land is $32 million. The mine is expected to generate cash flows of $11 million per year for each of the next seven years. After seven years, there will be a cleanup cost of $17 million, which needs to be paid exactly seven years after the project is started. These are the only cash flows that will be generated by the project. The appropriate discount rate for this project is 8% per year compounded annually. What is the net present value of the mine project? Round all intermediate calculations to 6 decimal points. Your final answer should be within $5 of the correct answer choice. $15,350,733.93$25,270,070.65$35,189,407,37$47,350,733.93