A natural gas well is projected to produce $240,000 in profit during its first year of operation, $233,000 the second year, $226,000 the third year, and so on, continuing this pattern. If the well is expected to produce for a total of 10 years, and the effective annual interest rate is 11.0%, which of the following most closely represents the present worth of the well? O $1,263,000 O $1,689,000 $1,951,000 O $1,434,000 Click here to access the TVM Factor Table Calculator e Textbook and Media