$($Present value of a complex stream$)$ Don Draper has signed a contract that will pay him $$80,000$ at the end of each year for the next $7$ years, plus an additional $$100,000$ at the end of year $7.$ If $9$ percent is the appropriate discount rate, what is the present value of this contract?

The present value of the contract is $

$($Round to the nearest cent$)$