The appropriate discount rate for the following cash flows is an $8$ percent APR compounded quarterly.

$\backslash$table$[[$Year$,$Cash,Flow$],[1,$$$,870],[2,,950],[3,,0],[4,1.,,540]]$

What is the present value of the cash flows?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Present value