Harold, a financial accountant in a company, is asked to identify the changes in the company's account values between 2014 and 2016. to get the required information, he uses comparative financial statements, which state the figures for the two years side by side. these comparative financial statements make it easier for harold to identify the changes that may have taken place during that period. in this scenario, harold is most likely using to get the required information.

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.)