Mike Macaro is selling a piece of land. Two offers are on the table. Morton Company offered a $$38,000$ down payment and $$34,800$ a year for the next $5$ years. Flynn Company offered $$24,000$ down and $$39,200$ a year for the next $5$ years. Assume money can be invested at $8\%$ compounded annually. $($Use Table $13\mathrm{.}2.)$

What is the value of the offers?

Note: Do not round intermediate calculations. Round your answers to the nearest cent.