Wandering RV is evaluating a capital budgeting project that is expected to generate $30,700 per year during its seven-year life. If its required rate of return is 8 percent, what is the value of the project to Wandering RV? Do not round intermediate calculations. Round your answer to the nearest cent. $ ______

Wandering RV is evaluating a capital budgeting project that is expected to generate $30,700 per year during its seven-year life. If its required rate of return is 8 percent, what is the value of the project to Wandering RV? Do not round intermediate calculations. Round your answer to the nearest cent. $