Julie has just retired. Her company's retirement program has two options as to how retirement benefits can be recelved. Under the first option, Julie would receive a lump sum of $141,000 immediately as her full retirement benefit. Under the second option, she would recelve $20,000 each year for 8 years plus a lump-sum payment of $60,000 at the end of the 8 -year period. Click here to view Exhlbit 14B-1 and Exhibit 148-2, to determine the approprlate discount factor(s) using tables. Required: 1-a. Calculate the present value for the following assuming that the money can be invested at 9%. 1b. If she can invest money at 9%, which option would you recommend that she accept? Complete this question by entering your answers in the tabs below. Calculate the present value for the following assuming that the money can be invested at 9%. (Round your final answer to the nearest whole dollar amount.) EXHIBTT 14B1 Fresent Value of \$1: (1+r)1 FXXIHIT JaA.? Prescat Valee of an Annulity of $1 in Arrears; r1[1(1+r)x1]