Question: Toadies, Inc., has identified an investment project with the following cash flows.
Year Cash Flow
1 $1211
2 $1381
3 $1402
4 $1455
If the discount rate is 17.4 percent, what is the future value of the cash flows in year 4? (Round time value factors to 6 decimal places and final answer to the nearest dollar amount. Omit the "tiny_mce_markerquot; sign and commas in your response. For example, $123,456 should be entered as 123456.)