Nederlander's customers are mostly women in the age group of 30 to 59 years with an annual household income of approximately $200,000. the company's audience rewards program appeals to its major partners because they want to get access to nederlander's customers. the partners use the information about the customers for the step of their personal selling process.

Quick computing currently sells 12 million computer chips each year at a price of $19 per chip. it is about to introduce a new chip, and it forecasts annual sales of 22 million of these improved chips at a price of $24 each. however, demand for the old chip will decrease, and sales of the old chip are expected to fall to 6 million per year. the old chips cost $10 each to manufacture, and the new ones will cost $14 each. what is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (enter your answer in millions.)