Exercise 5-4 (Algo) Present value; multiple, unequal amounts [LO5-3] Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end of each of the designated years, assuming an annual interest rate of 8%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Payment Year Received $ 7,000 2022 7,800 2023 9,600 2025 11,200 2027 Year = n = Payment Present Value Received 2022 8% $ 7,000 2023 8% 7,800 2025 8% 9,600 2027 8% 11,200 Total