Caspian Sea Drinks is considering the purchase orta new water fitration system produced by Rube Goldberg Machines. This new equipment, the RGM-7000, will allow Caspian Sea Drinks to expand production. It will cost $14.00 million fully installed and will be fully depreciated over a 20 year ife, then removed for no cost. The RGM-7000 will result in additional revenues of $3.72 million per year and increased operating costs of $589,885.00 per year. Caspian Sea Drinks marginal tax rate is 34.00%. If Caspian Sea Drinks uses a 12.00% discount rate, then the net present value of the RGM-7000 is Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here. Submit Answer + Prev Problem t All Problems Next Problem Caspian Sea Drinks is considering the purchase of a new water fitration system produced by Rube Goldberg Machines. This new equipment, the RGM-7000, will allow Caspian Sea Drinks to expand production. It will cost $14.00 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 $3.72 million per year and increased operating costs of $589,885 00 per year Caspian Sea Drinks' marginal tax rate is 34.00% If Caspian Sea Drinks uses a 12.00% discount rate, then the net present value of the RGM-7000 Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here Submit Answer - Prev Problem + All Problems - Next