Bill is evaluating Project ABC which will receive $$25,000$ at the beginning of each year for $30$ years $($see timeline below$).$

Note that $$25,000$ is received at $t=0,$ but $$25,000$ is not received at $t=30.$

If the required rate of return is $8\%,$ what is the present value of Project ABC?

Note: Do not round intermediate calculations and round your answers to the nearest whole number, e$.$g$.32.$

Numeric Response