If you put up $41,000 today in exchange for a 6.75 percent, 14-year annuity, what will the annual cash flow be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Annual Cash Flow:

Your company will generate $61,000 in annual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 6.75 percent, what is the present value? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Present Value:__?__