John has just won the Flyball Lottery. He has two options for receiving his prize, The first option is to accept a $135,000 cash payment today. The second option is to receive $17,700 at the end of each of the next 19 years and a $37,900 lump sum payment in the 20 th year. John can invest money at a 10% rate. Click here to view the factor table. (a) Calculate the present value of the two options. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to 0 decimal place, eg. 58,971.) Which option should John choose to receive his winnings? (b) If John could invest money at 13%, calculate the present value of the two options. (For colculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to 0 decimal place, es. 58,971.)