Your consulting firm will produce cash flows of $$115,000$ this year, and you expect cash flows thereafter to keep pace with any increase in the general level of prices. The interest rate currently is $6\mathrm{.}3\%,$ and you anticipate inflation of about $2\mathrm{.}3\%.$

What is the present value of your firm$$s cash flows for years $1$ through $5?$

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.