Pastries LP must withdraw $49,000 at the begurring of each somiannual period for the next eight years to satisfy its employee pension obligation. Assuming 6% interest with somiannual compounding, how much should the corporation invest foday? Draw a fimeline to iftustrate the problem. (Click the icon to virw the Futurn Value of $1 table) (Cick the icon to view the Present Value of 51 table) (Click the icon to viaw the Future Value of an Ordinary Anruity table) (Click the icon to view the Present Value of an Ordinary Annuity table) (Click the icon to vlow the Future Value of an Annuily Due tatile) (Click the icon to view the Present Value of an Annuity Due table.) How much should the corporation invost today? (Use the present value and future value tablos, a financial calculator, a spreadoheet or the formula methed for your calculations using present and future value tables of the formula method, use factor amount rounded to five decimal places, X, Round your final answer to the neareat cent, 5, The corporation should invest today