Karen White, a lottery winner, will receive the following payments over the next seven years. She has been approached by an investor who will pay Karen a lump sum today for the rights to those future cash flows. If she can invest her cash flows in a fund that will earn 10.7 percent annually, how much should Karen require the investor to pay for the cash flows? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) 1 2 3 4 5 7 Year $326,000 $376,000 $401,000 $426,000 $476,000 $526,000 $676,000 Present value of investment 2087572.09