A property produces a net operating income of $$50,000,$ sells for $$2,000,000$ in $8$ years, and the discount rate is $7\mathrm{.}0\%.$ What is the present value $($rounded to the nearest $$1,000)?$

A$.$

$$881,000$

B$.$

$$1,463,000$

C$.$

$$1,761,000$

D$.$

$$880,000$