Turner Video will invest $$98,500$ in a project. The firm$$s cost of capital is $6$ percent. The investment will provide the following inflows. Use Appendix A for an approximate answer but calculate your final answer using the formula and financial calculator methods.

Year Inflow

$1$ $ $35,000$

$237,000$

$328,000$

$441,000$

$542,000$

The internal rate of return is $8$ percent.

If the reinvestment assumption of the net present value method is used, what will be the total value of the inflows after five years? $($Assume the inflows come at the end of each year.$)$

Note: Do not round intermediate calculations and round your answer to $2$ decimal places.

If the reinvestment assumption of the internal rate of return method is used, what will be the total value of the inflows after five years?

Note: Use the given internal rate of return. Do not round intermediate calculations and round your answer to $2$ decimal places.