Archer Daniels Midland company is considering buying a new farm that it plans to operate for 10 years.  The farm...

Archer Daniels Midland company is considering buying a new farm that it plans to operate for 10 years.  The farm will require an initial investment of 12.00 million.  This investment will consist of 2.00 million for land and 10.00 million for trucks and othe equipment.  The land, all trucks, and all other equipment is expected to be sold at the end of the 10 years at a price of 5.00 million, 2.00 million above book value.  The farm is expected to produce revenue of 2.00 million each year, and annual cash flow operations equals 1.80 million.  The marginal tax rate is 35 percent, an the appropriate discount rate is 10 percent.  Calculate the NPV of this investment.