A company must make a choice between two investment alternatives. Alternative $1$ will return the company $$15,000$ at the end of four years and $$75,000$ at the end of nine years. Alternative $2$ will return the company $$13,500$ at the end of each of the next nine years. The company normally expects to earn a rate of return of $17\%$ on funds invested. Compute the present value of each alternative and determine the preferred alternative according to the discounted cash flow criterion.

The present value of Alternative $1$ is $

$($Round the final answer to the nearest dollar as needed. Round all intermediate values to six decimal places as needed.$)$

The present value of Alternative $2$ is $

$($Round the final answer to the nearest dollar as needed. Round all intermediate values to six decimal places as needed.$)$

The preferred alternative is