Exercise 12A-4 (Algo) Basic Present Value Concepts [LO12-7] Fraser Company will need a new warehouse in three years. The warehouse will cost $440,000 to build. Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using tables. Required: What lump-sum amount should the company invest now to have the $440,000 avallable at the end of the three-year period? Assume that the company can invest money at: (Round your final answer to the nearest whole dollar amount.) Exercise 12A-4 (Algo) Basic Present Value Concepts [LO12-7] Fraser Company will need a new warehouse in three years. The warehouse will cost $440,000 to build. Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using tables. Required: What lump-sum amount should the company invest now to have the $440,000 avallable at the end of the three-year period? Assume that the company can invest money at: (Round your final answer to the nearest whole dollar amount.)