Helga is considering the purchase of a small restaurant. The purchase price listed by the seller is $840,000. 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 Amount 1-6 $ 84,000 7 74,000 8 64,000 9 54,000 10 44,000 If purchased, the restaurant would be held for 10 years and then sold for an estimated $740,000. Required: Determine the present value, assuming that Helga desires an 11% 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.