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Please show how to do in excel or by hand. The final answer must be in dollars #1 c Caspian Sea Drinks is considering buying

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Please show how to do in excel or by hand. The final answer must be in dollars

#1 c Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.63 million and create incremental cash flows of $626,317.00 each year for the next five years. The cost of capital is 9.97%. What is the net present value of the J-Mix 2000? unanswered not_submitted Attempts Remaining: Infinity Submit Answer format: Currency: Round to: 2 decimal places

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