Beene Distributing is considering a project that will return $275,000 annually at the end of each year for the next seven years. If Beene demands an annual return of 12% and pays for the project immediately, how much is it willing to pay for the project? (PV of $1. FV of $1. PVA of S1, and EVA of $1 (Use appropriate factor(s) from the tables provided. Round your "PV of an Ordinary Annuity" to 4 decimal places and final answer to the nearest whole dollar.) 3.25 Periodic Cash Flow 275,000 Answer is complete but not entirely correct. P (PV of an Ordinary Present Value Annuity) 0.1200 1255.045