12a.2

Julle has just retired. Her company's retirement program has two optlons as to how retirement benefits can be recelved. Under the first sption, Julle would recelve a lump sum of $139.000 immediately as her full retirement benefit. Under the second option, she would recelve $26,000 each year for 7 years plus a lump-sum payment of $58,000 at the end of the 7 -year perlod. Elick here to vew and to determine the appropriate discount factor(s) using tables. Required: 1-a. Calculate the present value for the following assuming that the money can be Invested at 14%. 1-b. If she can Invest money at 14%, which option would you recommend that she accept? Complete this question by entering your answers in the tabs below. Calculate the present value for the following assuming that the money can be invested at 14%. (Round your final answers to the nearest whole dollar amount.)