Sandhill Company is considering an investment that will return a lump sum of $790,000 7 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Sandhill Company pay for this investment to earn an 8% return? (Round answer to 2 decimal places, e.g. 25.25.) Sandhill Company should pay____$
