Bruce is considering the purchase of a restaurant named Hard Rock Hollywood. The r cash flows (cash imfows less cash outhows) from the restaurant to be the tolowing amounts ana 51,010,000 With the help of nis accountant, Bruce projects the net restaurant to be the tollowing amounts over the next 10 years S 81,000 (each year) 91,000 101,000 111,000 1-6 10 py orst FA and p se approprate tactors from thi ta is pr ded of Bruce expects to sell the restaurant aner 10 years for an estimated S 1,110.000 Round your answer to 2 decimal places.) Required: 1-a. Calculate the ota present value of the net cash nows it Bruce wants to make a least 11 % annuall on his vestment Assume alcast nows occur at the end of each year Answer is complete but not entirely correct. S 516 336 82 3