Corgi, Inc. plans to update its equipment at a total cost of $91,000. Management anticipates making a $19,000 down payment and borrowing the remainder from a local commercial bank at 14 percent interest. The first option provides for five equal, annual payments to be made at the end of the year. The second option requires five equal, annual payments plus a balloon payment of $19,000 at the end of the fifth year. What are the annual payments required by each option? Use Appendix B and Appendix D to answer the question. Round your answers to the nearest cent. The annual payment under the first option: $ The annual payment under the second option: $