Concord Company is considering an investment that will return a lump sum of $970,000 5 years from now. Table 1. Future Value of 1 Table 2. Future Value of an Annuity of 1 Table 3. Present Value of jy Table 4. Present Value of an Annuity of 1 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Concord Company pay for this investment to earn an 7% return? (Round answer to 2 decimal p Concord Company should pay $