You have a creative tech that uses social media to increase clicks and revenue for a firm. You have an offer from an investor where they will purchase the tech from you and you will receive $$100,000$ in royalties annually that will grow at $2\mathrm{.}5\%$ annually in perpetuity. If your required rate of return on your tech is $14\%,$ what is the present value of this investment? Please type your solution below and show your work.