Caspian Sea Drinks is considering the purchase of a plum juicer $-$ the PJX$5.$ There is no planned increase in production. The PJX$5$ will reduce costs by squeezing more juice from each plum and doing so in a more efficient manner. Mr$.$ Bensen gave Derek the following information. What is the NPV of the PJX$5?$

a$.$ The PJX$5$ will cost $$1\mathrm{.}83$ million fully installed and has a $10$ year life. It will be depreciated to a book value of $$121,730\mathrm{.}00$ and sold for that amount in year $10.$

b$.$ The Engineering Department spent $$15,558\mathrm{.}00$ researching the various juicers.

c$.$ Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $$15,410\mathrm{.}00.$

d$.$ The PJX$5$ will reduce operating costs by $$453,704\mathrm{.}00$ per year.

e$.$ CSD$\text{'}$s marginal tax rate is $23\mathrm{.}00\%.$

f$.$ CSD is $63\mathrm{.}00\%$ equity$-$financed.

g$.$ CSD$\text{'}$s $12\mathrm{.}00-$year, semi$-$annual pay, $6\mathrm{.}87\%$ couponfond sells for $$1,038\mathrm{.}00.$

h$.$ CSD$\text{'}$s stock currently has a market value of $$20\mathrm{.}85$ and Mr$.$ Bensen believes the market estimates that dividends will grow at $2\mathrm{.}71\%$ forever. Next year's dividend is projected to be $$1\mathrm{.}70.$

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Answer format: Currency: Round to: $2$ decimal places.

PLEASE DO NOT USE EXCEL, EXPLAIN STEPS BY steps, using BA II plus if needed