Assume the appropriate discount rate for the following cash flows is $9\mathrm{.}32$ percent per year.

Year Cash Flow

$1$ $ $2,480$

$20$

$33,920$

$42,170$

What is the present value of the cash flows?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$