Current Attempt in Progress Maize Water is considering introducing a water filtration device for its 20 -ounce water bottles. Market research indicates that 1 , 000 , 000 units can be sold if the price is no more than $5 . If Maize Water decides to produce the filters, it will need to invest $2 , 000 , 000 in new production equipment. Maize Water requires a minimum rate of return of 20% on all investments. Determine the target cost per unit for the filter. (Round answer to 2 decimal places, es, 10s0) Target cost per unit