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 receive a lump sum of $129,000 immediately as her full retirement benefit. Under the second option, she would receive $18,000 each year for 6 years plus a lump-sum payment of $55,000 at the end of the 6-year period. Calculate the present value for the following assuming that the money can be invested at 12%. (Round your final answer to the nearest whole dollar amount.) Option 1 Option 2 Present value