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Ambrin Corp. expects to receive $3,000 per year for 11 years and $4,500 per year for the next 11 years. What is the present value

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Ambrin Corp. expects to receive $3,000 per year for 11 years and $4,500 per year for the next 11 years. What is the present value of this 22 year cash flow? Use an 7% discount rate. Use Appendix D and Appendix B to calculate the answer. (Round your intermediate calculations to the nearest dollar value.) O $49,775 O none of these O $38,526 $56,243

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