On Joe Martin's graduation from college, Joe's uncle promised him a gift of $$11,400$ in cash or $$740$ every quarter for the next $5$ years after graduation. Assume money could be invested at $8\%$ compounded quarterly. $($Use Table $13\mathrm{.}2.)$

Q$.$ Calculate the present value of options.

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

$\backslash$table$[[,$Present value$],[$Option $1,$$$,11,400\mathrm{.}00$