The owner of a chain of supermarkets notices that there is a positive correlation between the sales of beer and the sales of ice cream over the course of the previous year. seasons when sales of beer were above average, sales of ice cream also tended to be above average. likewise, during seasons when sales of beer were below average, sales of ice cream also tended to be below average. a plausible explanation of these facts is that

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.)