Please show how to do step by step, thanks.

3. An asset will produce the following cash flows over years. At the end of the first three years, $2,500 each year. At the end of each of the following three years, $3,000. And, at the end of each of the following five years, $4,000. If your required rate of return is 5 percent, how much is this asset worth to you? 1 a $26,788.34 b. $27,673.77 c. $27,955.35 d. $28,023.77 e. $28,314.09