What is the present value of the following cash flows given a discount rate of $7\%?$

Year $245$

Cash Flow $$308$ $$418$ $$127$

$($Do not include the dollar sign $($$$).$ Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to $2$ decimal places $($e$.$g$.,32\mathrm{.}16).)$