Julie has yust retired. Her company's retiement program has two options as to how retirement benefits can be received. Under the first option. Julie would receive a lump sum of $120,000 immediately as her full retirement benefit. Under the second option, she would recetve $15,000 each yeat foe 10 yeas plus a lump-sum payment of $50,000 at the end of the 10 -year period Required: 1. Calculate the present value for the following assuming that the money can be invested at 11x 16. If she can invest money at 118 , which option would you recommend that she accept? Complete this question by entering your aniswers in the tabs below. Calculete the present value for the following assuming that the mener can be invested at 11%