Question 2 (of 5) value 8.00 points Exercise 13A-4 Basic Present Value Concepts [LO13-7] Fraser Company will need a new warehouse in seven years. The warehouse will cost $360,000 to build. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables. Required: 1. What lump-sum amount should the company invest now to have the $360,000 available at the end of the seven-year period? Assume that the company can invest money at five percent. Round discount factor to 3 decimal places.) Amount to be Invested Investment Discount Factor = Present Value 2. What lump-sum amount should the company invest now to have the $360,000 available at the end of the seven-year period? Assume that the company can invest money at seven percent. Round discount factor to 3 decimal places.) Amount to be Invested InvestmentDiscount Factor Present Value