4.00 points Davidson Consulting believes that they can help your company reduce production costs in exchange fora one-time fee. You estimate that, if you hire the consulting firm, the cost savings will be $1.79 million after- taxes at the end of the first year, and these cost savings will grow at a rate of 3.00 percent per year indefinitely. Your company estimates the cost of capital on this project as 10.59 percent. What is the most that vou would pay Davidson Consuting tor this project? (Enter your answer in dolars not millions of dollars, e-o. 1,234,567, Do not round intermediate calculations and round your Maximum cost Type here to search