Gloria Ammon has just won the state lottery and has the following three payout options for after-tax prize money: 1. $66,000 per year at the end of each of the next six years 2. $308,000 (lump sum) now 3. $518,000 (lump sum) six years from now The annual discount rate is 9%. Compute the present value of the third option. (Round to nearest whole dollar.) Present value of $1 8% 0.926 0.857 0.794 0.735 0.681 0.630 0.583 9% 0.917 0.842 0.772 0.708 0.650 0.596 0.547 10% 0.909 0.826 0.751 0.683 0.621 0.564 0.513 2 4 6 7 OA. $104,896 O B. $308,728 O C. $101,200 O D. $242,000