Helga is considering the purchase of a small restaurant. The purchase price listed by the seller is $930,000. Helga has used past financial information to estimate that the net cash flows (cash inflows less cash outflows) generated by the restaurant would be as follows:YearsAmount1-6$ 93,000783,000873,000963,0001053,000 If purchased, the restaurant would be held for 10 years and then sold for an estimated $830,000.Required Determine the present value, assuming that Helga desires a 9% rate of return on this investment. (Assume that all cash flows occur at the end of the year.)