You will receive the following cash flows: $1,181 in one year, $820 in two years, $499 in three years and $657 in four years. As soon as you receive a cash flow, you deposit it into an account paying 5 percent interest.

What will be your account balance in four years?Hint: You have to calculate the future value of these cash flows in four years (FV4).

Do not round intermediate calculations. Round your final answer to the nearest dollar.