A professional sports contract offers $115,000 paid now, $220,000 paid at the end of each of the second and third years, and $600,000 paid at the end of the fourth, fifth, and sixth years (Alternative 1). Alternatively, the contract could offer $370,000 per year paid at the end of each of the six years (Alternative 2). If money is worth 8.3%, which offer is preferable for the athlete?

(Alternative 1 or Alternative 2)