After hearing a knock at your front door, you are surprised to see the Prize Patrol from a large, well-known magazine subscription company. It has arrived with the good news that you are the big winner, having won $26 million. You have three options. (a) Receive $1.3 million per year for the next 20 years. (b) the 89.5 mil1ion today. (c) Have $3.5 mil1ion today and receive 51,000,090. for each of the next 20 years. Your financial adviser tells you that it is reasonable to expect to earn 12 percent on investments: Required: 1. Calculate the present value of each option. (Euture Value of S1, Present Value of S1. Future Value Annuity of \$1. Present Volue Annuiby of S1) (Use appropriate factor(s) from the tables provided. Round your final answer to the nearest whole dollar. Enter your answers in dollers, not in millions.)