Find the present value of the following mixed stream of cash flows (as of Year 0) using a discount rate of

12%.

Assume the cash flows are received at the end of each year.

Year /	Cash Flow Stream
1	6,000
2	8,000
3	7,000

Year	Cash Flow Stream
1	6,000
2	8,000
3	7,000
Present Value ($)equals=		(Round to the nearest cent.)