Margaret Moore has won a state lottery and will receive a payment of $94,000.00 every year, starting today, for the next 20 years if she invests the proceeds at a rate of 5.78 percent, what is the present value of the cash flows that she will receive? (Round factor values to 4 decimal places, eg1.5212 and final answer to nearest whole dollar, eg5275.)-

Present value of investment $