A series of cash flows may not always be necessarily be an annuity. Cash flows can also be uneven and variable in amount, but the concept of the time value of money applies to uneven cash flows as well. Consider the following:Year 1 $250,000Year 2 $20,000Year 3 $180,000Year 4 $300,000Year 5 $350,000Year 6 $725,000The CFO of the company believes that an appropriate annual interest rate on this investment is 4%. What is the present value of this uneven cash flow stream, rounded to the nearest whole dollar?a. $1,535,988b. $1, 625,000c. $450,000d. $1,825,000

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."