Gabrielle just won $2.4 million in the state lottery. She is given the option of receiving a of $1,300,000 now, or she can elect to receive $80,000 at the end of each of the next 30 years. If Gabrielle can earn 5% annually on her investments, which option should she take? If Gabrielle takes the prize as an annuity, the present value of the 30-year ordinary annuity is $ (Round to the nearest dollar.)