The Purple Lion Beverage Company expects the following cash flows from its manufacturing plant in Palau over the next five years: Year 1 $250,000 Annual Cash Flows Year 3 $180,000 Year 2 $37,500 Year 4 $300,000 Year 5 $550,000 The CFO of the company believes that an appropriate annual Interest rate on this Investment is 6.5%. What is the present value of this uneven cash flow stream, rounded to the nearest whole dollar? (Note: Do not round your intermediate calculations.)