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Check Mark Co. has been working on an advanced payroll system. The software will be available soon. The company anticipates the first annual cash flow

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Check Mark Co. has been working on an advanced payroll system. The software will be available soon. The company anticipates the first annual cash flow from the software to be $250,000, received 4 years from today. Subsequent cash flows will grow at 2%, indefinitely. The discount rate is 10%. Calculate the value of the expected future cash flows at the end of year 3. (Round to 2 decimals) Check Mark Co. has been working on an advanced payroll system. The software will be available soon. The company anticipates the first annual cash flow from the software to be $250,000, received 4 years from today. Subsequent cash flows will grow at 2%, indefinitely. The discount rate is 10%. Calculate the value of the expected future cash flows today. (Round to 2 decimals)

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