Show work not excel

#31 Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.92 million and create incremental cash flows of $548,137.00 each year for the next five years. The cost of capital is 8.67%. What is the net present value of the J-Mix 2000? Submit Answer format: Currency: Round to: 2 decimal places