Exercise 12A-2 (Algo) Basic Present Value Concepts [LO12-7] Julie has just retired. Her company's retirement program has two options as to how retirement benefits can be received. Under the first option, Julie would recelve a lump sum of $125,000 immediately as her full retirement benefit. Under the second option, she would receive $12,000 each year for 11 years plus a lump-sum payment of $51,000 at the end of the 11 year period. Click here to view Exhibit 128-1 and to determine the appropriate discount factor(s) using tables. Required: 1-a. Calculate the present value for the following assuming that the money can be invested at 6% 1.b. If she can invest money at 6%, which option would you recommend that she accept? Complete this question by entering your answers in the tabs below. Calculate the present value for the following assuming that the money can be invested at 6%. (Round your final answer to the nearest whole dollar amount.) Exercise 12A-2 (Algo) Basic Present Value Concepts [LO12-7] Julie has just retired. Her company's retirement program has fwo options as to how retirement benefits can be received. Under the first option, Julie would receive a lump sum of $125,000 immediately as her full retirement benefit. Under the second option, she would receive $12,000 each year for 11 years plus a lump-sum payment of $51.000 at the end of the 11 -year period. Click here to view Exhibit 128-1 and Exhibit128-2, to determine the appropriate discount factor(s) using tables. Required: 1.a. Calculate the present value for the following assuming that the money can be invested at 6%. 1.b. If she can invest money at 6%, which option would you recommend that she accept? Complete this question by entering your answers in the tabs below. If she can invest money at 6%, which option would you recommend that she accept? FXHIBT 12B-2 Preset Value of an Anauity of $1 in Arrears, 1/4(1(1/(1+r)2)) EXHIBI 12B-1 Present Value of \$1, (1+r)n1