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Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.19 million and

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Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.19 million and create incremental cash flows of S737,558.00 each year for the next five years. The cost of capital is 8.86%. What is the nel present value of the J-Mix 2000? Submit Answer format: Currency Round to 2 decimal places

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