Kingbird Corp. has an 8% required rate of return. It's considering a project that would provide annual cost savings of $65000 for 5 years. The most that Kingbird would be willing to spend on this project is Year 1 Present Value of 1 at 8% 0.926 0.857 0.794 0.735 PV of an Annuity of 1 at 8% 0.926 1.783 2.577 3.312 3.993 2 3 4 5 0.681 O $163683 O $259545. O $44265. O $215280