Felix Company has identified an investment project with the following cash flows. If the discount rate is $10\%,$ what is the present value of these cash flows? $($Round to two decimal places.$)$

YEAR

CASH FLOW

$1,$$$470$

$2,$$$625$

$3,$$$735$

$4,$$$920$

$$1,857\mathrm{.}80$

$$1,878\mathrm{.}29$

$$2,478\mathrm{.}29$

$$2,124\mathrm{.}39$

$$4,026\mathrm{.}28$