I need help immediately PLEASE. Before 11:00 pm tonight.

Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.99 million and create incremental cash flows of $642,684.00 each year for the next five years. The cost of capital is 8.89%. What is the net present value of the J-Mix 2000?

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

Please show steps in a simple format and ensure that answer is correct. I am a beginner. Thank you.