(10 points) Eichelberger Trucking won a settlement in a lawsuit and was offered four different considerations, which of the following four alternatives has the highest present value (and thus is the 1. alternatives by the defendant's insurance company. The interest rate is 8%. Ignoring the tax best option)? Support your answer with the appropriate calculations 1) $180,000 now. 2) $52,000 per year for the next 4 years (end-of-year payments) 3) $5,000 now and then $24,000 per year for the next 10 years (end-of-year payments). Hint: Calculate the present value of the initial $5,000 separately. Then calculate the present value the $24,000 annuity separately. Finally, add the two present value amounts together to get the overal present value. $9,100 per year for the next 10 years (end-of-year payments) plus a lump sum payment of $200,000 at the end of the 11th year of the $9,100 10-year annuity separately. Then calculate the present value the $200,000 payment received at the end of year 11 separately. Finally, add the two present value amounts together to 4) Hint: Calculate the present value get the overall present value