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As a result of a slowdown in operaions, Tradewind Stones is offiering employees who have been terminated a severance package of $104,000 cash paid today:

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As a result of a slowdown in operaions, Tradewind Stones is offiering employees who have been terminated a severance package of $104,000 cash paid today: $104,000 to be paid in one year, and an annuity of $38,000 to be paid each year for 10 years What is the present value of the package assuming an interest rate of 10 percent? (Esture Value o $1Present Value ot 31.Eture Yalue Aonuity st 1. Present Vellet Annuity o 31) (Use appropriate factorfs) from the tables provided. Round the final answer to nearest whole dollar)

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