(For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $32,600 due 11 periods from now, discounted at 8%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ 14146.00 (b) What is the present value of $32,600 to be received at the end of each of 7 periods, discounted at 12%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ 14746.58 Wildhorse Co. is considering an investment that will return a lump sum of $928,900, 8 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Wildhorse Co. pay for this investment to earn an 12% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay $