Your firm has the option of making an investment in new software that will cost $264,678 today, but will save the company money over several years. You estimate that the software will provide the savings shown in the following table over its 5-year life, Should the firm make this investment if it requires a minimum annual return of 7% on all investments? The present value of the stream of savings estimates is $ (Round to the nearest dollar.) \begin{tabular}{cc} \hline Year & Savings estimate \\ \hline 1 & $69,000 \\ 2 & $96,600 \\ 3 & $89,700 \\ 4 & $48,300 \\ 5 & $27,600 \\ \hline \end{tabular}