In the following case, the mixed end-of-period cash flow stream has an annuity embedded within it Calculate the present value of the cash flow stream, assuming a 6% discount rate Year Cash Flow 1 $6,500 2 $3,500 3 $1,500 4 $1,500 5 $1,500 6 $1.500 7 $8,500 (Round your answer to two decimals.)