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Caspian Sea Drinks is considering the purchase of a new water filtration system produced by Rube Goldberg Machines. This new equipment, the RGM-7000, will allow

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Caspian Sea Drinks is considering the purchase of a new water filtration system produced by Rube Goldberg Machines. This new equipment, the RGM-7000, will allow Caspian Sea Drinks to expand production. It will cost $15.00 million fully installed and will be fully depreciated over a 20 year life, then removed for no cost The RGM-7000 will result in additional revenues of $3 69 million per year and increased operating costs of S619,950.00 per year Caspian Sea Drinks marginal tax rate is 33.00% It Caspian Sea Drinks uses a 8,00% discount rate then the net present value of the RGM-7000 is Subot Answer format: Currency. Round 0:2 decimal places

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