Mary is considering opening a hobby and craft store.Mary plans to operate the business for six years.Mary requires a minimum6%return on this investment.Ignore income taxes in this problem.)The data pertaining to her investment opportunity are:

Cost of equipment$175,000

Working capital needed$185,000

Annual cash inflow from sales$190,000

Annual cash outflow for operating costs$145,000

Salvage value of equipment$20,000

Mary plans to operate the business for six years.Mary requires a minimum6%return on this investment.What is the present value factor you will use for cash inflows that come JUST in year6?Enter your answer to three decimals.

ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DISCRIPTIONS