John Wiggins is considering the purchase of a small restaurant. The purchase price listed by the seller is $870,000. John 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: (EV OLS1, PV of 51. EVA of $1. PVA OLS1. EVAD. Of 51 and PVAD of 5) (Use appropriate factor(s) from the tables provided.) Years Amount 587,000 77.000 67.000 57.000 47.000 9 10 If purchased, the restaurant would be held for 10 years and then sold for an estimated $770,000 Required: Determine the present value, assuring that John desires a 9% rate of return on this investment. (Assume that all cash flows occur at the end of the year) (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) Present Value Future Amount 5 87.000 77.000 67,000 57.000 47.000 770 000 99 9 94 9% 9% 99