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Sunland Company is considering investing in an annuity contract that will return $ 2 8 , 5 0 0 annually at the end of each

Sunland Company is considering investing in an annuity contract that will return $28,500 annually at the end of each year for 15 years.
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Table 2
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What amount should Sunland Company pay for this investment if it earns an 10% return? (For calculation purposes, use 5 decimdaplaces as displayed in the factor table provided, e.g.5.25741. Round answer to 2 decimal places, e.g.25.25.)
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