A property is expected to have NOl of $$150,000$ during the first year. Using a $8$ percent yield rate $($YO$)$ and a five$-$year holding period, estimate the value under when NOl will be level but the property value will increase by a total of $12$ percent over the five years.

$1,326,260$

$2,519,093$

$1,753,981$

$2,928,571$