As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of $101,000 cash paid today; $101,000 to be paid in one year, and an annuity of $28,000 to be paid each year for 5 years. Required: What is the present value of the pockage assuming an interest rate of 8 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