ABC Company sold the rights to use one of their patented processes that will result them receiving cash payments of $3,000 at the end of each of the next four years and lump sum payment of $5,000 cash at the end of the fifth year. Calculate the total present value of these payments assuming the interest rate is 15% compounded annually. Do not use decimals in your answer. Use the time value of money factors posted in canvas to answer this question. To access these factors, click modules and then scroll to week 12. Click on the link labeled present & future value table factors. No credit will be awarded for this question us a means other than these table factors to answer this