As a result of a slowdown in operations, Tradewind Stores is offering 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 $33,000 to be paid each year for 3 years. Required: What is the present value of the package assuming an interest rate of 12 percent? (Future Value of \$1. Present Value of \$1. Future Value Annuity of \$1, Present Value Annuity of \$1.) Note: Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar