Problem $6-5$ Calculating Annuity Cash Flows $[$LO$1]$

If you put up $$53,000$ today in exchange for a $6\mathrm{.}75$ percent, $14-$year annuity, what will the annual cash flow be$?($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$