A company has a project expected to produce the following an…

A company has a project expected to produce the following annual cash flows: Year 1:   $34,000 Year 2:   $21,000 Year 3:   $10,000Year 4:     $7,000 Year 5:     $2,000  What is the value of the project today, that is, how much should the company be willing to invest in the project today if they require a 12% annual return?