Archer Daniels Midland Company is considering purchasing a new farm that it plans to work for 10 years. The farm will need an initial investment of $11.90 million. This investment will comprise $2.50 million for land and $9.40 million for the trucks and kind of other equipment. The land, all trucks, and all other equipment are expected to be sold at end of ten years at a price of $5.30 million, $2.17 million on book value. The farm is expected to create revenue of $2.06 million every one year, and annual cash flow from operations equals $1.92 million. The marginal tax rate is thirty five percent, and the appropriate discount rate is ten percent. Compute the NPV of this investment.