ncognito Company is contemplating the purchase of a machine that provides it with cash savings of $82,000 per year for five years. Interest is 10%. Assume the cash savings occur at the end of each year. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Calculate the present value of the cash savings. (Round your final answer to the nearest whole dollar.)

Present Value: