Chrysler is considering a cost reduction program. The suppliers must reduce the cost of the components that they furnish to Chrysler by 6% each year. The total amount of savings would increase each year.) The initial costs: $12,500,000 Program Setup: Supplier Training: Chrysler is currently paying a total of $90,000,000 per year for components purchased from the vendors who will be involved in this program. (Assume that, if the 6,500,000 initiative, and Chrysler's MARR or such projects is 15% 1 ). There will be annual operating expenses associated with the program further raining of vendors. updating internal documentation, and so on. Given the projected savings in purchased components, what would be the maximum annual operating expense for this program such that it is marginally justified? Assume that the EOY 1 cost for purchased components is $90,000,000 Click the icon to view the interest and annuity table for discrete compounding when ,-15% per year. The PW if the program is approved is Smillion. (Round to one decimal place.)