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

7%.

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

Year	Cash Flow Stream
1	5 comma 0005,000
2	8 comma 0008,000
3	2 comma 0002,000

Year	Cash Flow Stream
1	5 comma 0005,000
2	8 comma 0008,000
3	2 comma 0002,000
Present Value ($)equals=	nothing	(Round to the nearest cent.)