Crane Company wants to purchase an asset with a $3-$year useful life, which is expected to produce cash inflows of $$10000$ each year for two years, and $$15300$ in year $3.$ Crane has a $16\%$ cost of capital, and uses the following factors. What is the present value of these future cash flows?

$\backslash$table$[[$Present Value of $1],[$Period$,16\%$