Assuming the following cash flow and a $13\%$ expected rate of return and $2\%$ growth rate, what is the present value of the property using the required rate of return and growth rate and assuming a sale at the end of the third year? You calculated part of the answer for the preceding question. Round inputs to the nearest penny and the answer to the nearest dollar $($e$.$g$.,472000).($ch$.10$ pt$.2,$ slides $11-17)$

Year $1$ Year $2$ Year $3$ Year $4$

$$150,000$ $$160,000$ $$170,000$ $$180,000$