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Beene Distributing is considering a project that will return $ 2 4 0 , 0 0 0 annually at the end of each year for

Beene Distributing is considering a project that will return $240,000 annually at the end of each year for the next six 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 $1, and FVA 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.)
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