Casplan 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 Casplan Sea Drinks to expand production, It will cost $15.00 millon fully instalied and will be fully depreciated over a 20 year life, then removed for no cost. The RGM-7000 will result in additional revenues of $3.40 million per year and increased operating costs of $608,494.00 per year. Casplan Sea Drinks' marginal tax rate is 28.00%. If Caspian Sea Drinks uses a 8.00% discount rate, then the net present value of the RGM-7000 is Answer format: Currency: Round to: 2 decimal places