The Purple Lion Beverage Company expects the following cash flows from its manufacturing plant in Palau over the next six years: Annual Cash Flows Year 1 $400,000 Year 2 Year 3 $37,500 $480,000 Year 4 $450,000 Year 5 Year 6 $550,000 $375,000 The CFO of the company believes that an appropriate annual interest rate on this investment is 4%. What is the present value of this uneven cash flow stream, rounded to the nearest whole dollar? $1,775,000 O $2,292,500 $917,500 $1,979,094 4 Identify whether the situations described in the following table are examples of uneven cash flows or annuity payments: Uneven Cash Annuity Identify whether the situations described in the following table are examples of uneven cash flows or annuity payments: Description You recently moved to a new apartment and signed a contract to pay monthly rent to your landlord for a year. SOE Corp. hires an average of 10 people every year and matches the contribution of each employee toward his or her retirement fund. Franklinia Venture Capital (FVC) invested in a budding entrepreneur's restaurant. The restaurant owner promises to pay FVC 10% of the profit each month for the next 10 years. You have committed to deposit $600 in a fixed interest-bearing account every quarter for four years. Uneven Cash Flows Annuity Payments