Fraser Company will need a new warehouse in five years. The warehouse will cost $500,000 to build Click here to view Exhibit 148-1 and Exhibit 14B-2to determine the appropriate discount factor(s) using tables, Required: What lump-sum amount should the company invest now to have the $500,000 available at the end of the five-year period? Assume that the company can invest money at: (Round your final answer to the nearest whole dollar amount.) 30 Present Value 1. Ten percent 2 Fourteen percent