Nicole won a prize that will provide her with "end of the year" cash flows over next 7 years. The first year inflow will be 36773 dollars, however each additional cash flow will be decreased at a rate of 1.6% per year. Given that the current market interest rate is 5% per year compounded annually, compute how much this monetary award is worth in today's dollars. Hint: "g" = -1.6%.