PV of multiple cash flows: Ajax Corp. is expecting the following cash flows$79,000, $112,000, $164,000, $84,000, and

Fantastic news! We've Found the answer you've been seeking!

Question:

PV of multiple cash flows: Ajax Corp. is expecting the following cash flows—$79,000, $112,000, $164,000, $84,000, and $242,000—over the next five years. If the company's opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.)