Morrisey Company has two investment opportunities. Both investments cost $5,300 and will provide the same total future cash inflows. The cash receipt schedule for each investment is given below. Investment I Investment II Period 1 $1,150 $1,150 Period 2 1,150 2,180 Period 3 2,150 3,210 Period 4 Total 4,240 $8,690 2,150 $8,690 " What is the net present value of Investment II assuming an 10% minimum rate of return? (PV of 51 and PVA of $1) (Do not round intermediate calculations. Round your answer to nearest whole dollar.)