China spends an estimated $100,000 per year on cloud seeding efforts, which include using anti-aircraft guns and rocket launchers to fill the sky with silver iodide. In the United States, utilities that run hydroelectric dams are among the most active cloud seeds, because they believe it is a cost-effective way to increase limited water supply by 10% or more. If the yields of cash crops will increase by 4% each year for the next 3 years because of extra irrigation water captured behind dams during cloud seeding, what is the maximum amount the farmers should spend now on the cloud seeding activity? The value of the cash crops with-out extra irrigation water would be $600,000 per year. Use an interest rate of 10%