You have the opportunity to invest in a motion picture being produced by a local group. They have very high hopes for it. They expect it will generate the following net cash flows over the next three years: Year one will be $500,000; Year two will be $400,000; and Year three will be $250,000. Due to the risk involved you believe you should use a 30% discount rate in evaluating the venture. How much would you invest to get that return based on the cash flows?