Helga is considering the purchase of a small restaurant. The purchase price listed by the seller is $880,000. Helga has used past financial information to estimate that the net cash flows (cash inflows less cash outflows) generated by the restaurant would be as follows: Years 1-6 Amount 5 88,000 7 78,000 68,000 9 10 58,000 48,000 If purchased, the restaurant would be held for 10 years and then sold for an estimated $780,000. Required: Determine the present value, assuming that Helga desires a 10% rate of return on this investment. (Assume that all cash flows occur at the end of the year.) Note: Do not round intermediate calculations. Round your final answers to nearest whole dollar amount. Use tables, Excel, or a financial calculator. (EV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD OLS) Future Amount T Present Value $ 88,000 10% 78,000 10% 68,000 10% 50,000 10% 48,000 10% 780,000 10% $ 0 Should the restaurant be purchased?