Exercise 10-3A (Algo) Determining the present value of a lump-sum future cash receipt LO 10-1 Gail Trevino expects to receive a $570,000 cash benefit when she retires eight years from todayMs. Trevino's employer has offered an early retirement incentive by agreeing to pay her $353,000 today if she agrees to retire Immediately . MsTrevino desires to earn a rate of return of 10 percent (PV of $1 and PVA of $1) Note: Use appropriate factor(s) from the tables provided.

Required

a. Calculate the present value of the $570,000 future cash benefitAssuming that the retirement benefit is the only consideration in making the retirement decision, should Ms. Trevino accept her employer's offer?

Note: Round your final answer to the nearest whole dollar value.

thank you!

Exercise 10-3A (Algo) Determining the present value of a lump-sum future cash receipt LO 101 Gal Trevino expects to recelve a $570,000 cash benefit when she retires eight years from today, Ms. Trevino's employer has offered an early retirement incentive by agreeing to pay her $353,000 today if she agrees to setire immediately. Ms. Trevino desires to earn a rate of return of 10 percent (PV of $1 and PVA of $1 ) Note: Use appropriate factor(s) from the tables provided. Required a. Calculate the present value of the $570,000 future cash benefit Assuming that the retirement beneft is the only consideration in making the retirement decision, should Ms. Trevino accept her employer's offer? Note: Round your final answer to the nearest whole dollar value