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Beene Distributing is considening a project that will return $190,000 annually at the end of each year for the next eight years. If Beene demands

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Beene Distributing is considening a project that will return $190,000 annually at the end of each year for the next eight years. If Beene demands an annual return of 8% and pays for the project immediately, how much is it willing to pay for the project? (PV of \$1. EV of \$1. PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided. Round your "PV of on Ordinary Annulty" to 4 decimal places and final answer to the nearest whole dollar.)

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