Beene Distributing is considering a project that will retum $155,000 annually at the end of eoch year for the next seven 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. FV of 51 , PVA of \$1, and EVA of Si) (Use appropriate factor(5) from the tables provided. Round your "PV of an Ordinary Annuity" to 4 decimal places and final answer to the nearent whole dollar.)