Everyone except Monica knows that Chandler is about to propose. He plans to do it at Monica’s favorite restaurant, but they bump into Richard there, which derails his plans. Returning home, the rest of the gang almost blows the secret, and Chandler decides to act like marriage is the furthest thing from his mind, so Monica won’t get suspicious. Rachel takes Phoebe and Joey to a charity event which her boss is hosting. Phoebe drinks a lot; Joey thinks the silent auction is just a contest to guess the right price, and he ends up buying a sailboat for $20,000. Rachel convinces the second-place bidder to buy it, but she also convinces Joey to keep it, in the process. A dorm-room water-balloon fight shows Ross that his relationship with Elizabeth doesn’t have a future, so he breaks up with her.