Casplan Sea Drinks is considering the purchase of a new water flitration 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 $3.38 million per year and incroased operating costs of $599,313.00 per year. Caspian Sea Drinics' marginal tax rate is 27.00%. If Casplan Sea Drinks uses a 11.00% discount rate, then the net present value of the RGM-7000 is Answer format: Currency: Round to: 2 decimal places