As a result of a slowdown in operations. Tradewind Stores is offering employees who have been terminated a severance package of $97.000 cash paid today; $97,000 to be paid in one year; and an annuity of $34,000 to be paid each year for 7 years. Requlred: What is the present value of the package assuming an interest rate of 10 percent? (Future Value of $1. Present Value of $1. Future Value Annuity of $1, Present Value Annuity of \$1.) Note: Use approprlate factor(s) from the tables provlded. Round the final answer to nearest whole dollar