QS B-6 (Algo) Present value of an annuity LO P3 Beene Distributing is considering a project that will return $160,000 annually at the end of each year for the next eight years. If Beene demands an annual return of 9% and pays for the project immediately, how much is it willing to pay for the project? (PV of S1. PV of S1. PVA of S1, and EVA of S1) (Use appropriate factor(s) from the tables provided. Round your "PV of an Ordinary Annuity" to 4 decimal places and final answer to the nearest whole doliar.)