Mendez Company has identified an investment project with the following cash flows.

Year Cash Flow

$1$ $ $870$

$21,230$

$31,490$

$41,650$

If the discount rate is $10$ percent, what is the present value of these cash flows?

If the discount rate is $20$ percent, what is the present value of these cash flows?

If the discount rate is $30$ percent, what is the present value of these cash flows?