Consider the following case: The Purple Lion Beverage Company expects the following cash flows from its manufacturing plant in Palau over the next six years: Annual Cash Flows Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 $400,000 $20,000 $180,000 $450,000 $350,000 $550,000 The CFO of the company believes that an appropriate annual interest rate on this investment is 9%. what is the present value of this uneven cash flow stream, rounded to the nearest whole dollar? $1,750,000 O $600,000 $1,950,000 $1,397,013 Identify whether the situations described in the following table are examples of uneven cash flows or annuity payments: Annuity Payments Uneven Description Cash Flows You recently moved to a new apartment and signed a contract to pay monthly rent to your landlord for a year SOE Corp. hires an average of 10 people every year and matches the contribution of each employee toward his or her retirement fund Franklinia Venture Capital (FVC) invested in a budding entrepreneur's restaurant. The restaurant owner promises to pay FVC 10% of the profit each month for the next 10 years You have committed to deposit $600 in a fixed interest-bearing account every quarter for four years