3. 3.30 Fort Bliss, a U.S. Army military base, contributed $3.3 million of the $87 million capital cost for a desalting plant constructed and operated by El Paso Water (EPW). In return, EPW agreed to sell water to Fort Bliss at $0.85 per thousand gallons for 20 years. If the Army base uses 200 million gallons of water per month, what is the Army’s total cost per month for water (i.e., water cost and amortization) if the capital cost is amortized at 6% per year compounded monthly?