Gail Trevino expects to receive a $$500,000$ cash benefit when she retires five years from today. Ms$.$ Trevino's employer has offered an early retirement incentive by agreeing to pay her $$325,000$ today if she agrees to retire immediately. Ms$.$ Trevino desires to earn a rate of return of $8$ percent. $($PV of $$1$ and PVA of $$1)($Use appropriate factor$($s$)$ from the tables provided.$)$

Required

a$.$ Calculate the present value of the $$500,000$ future cash benefit. Assuming that the retirement benefit is the only consideration in making the retirement decision, should Ms$.$ Trevino accept her employer's offer? $($Round your final answer to the nearest whole dollar value.$)$

Answer is complete but not entirely correct.