A $500,000 state lottery prize is spread evenly over ten years ($50,000 a year) (Alternative 1), or you may take a lump distribution of $178,000 (Alternative 2). If you can earn 7 percent, calculate the present values of both alternatives. Use Appendix D to answer the question. Round your answers to the nearest dollar. PV(Alternative 1): $ PV (Alternative 2): $ Which alternative is better? -Select