Pickled Fish Farm $($PFF$)$ earned $$8$ a share last year and paid a dividend of $$6$ a share. Next year, you expect PFF to earn $$10$ and continue its payout ratio. Assume that you expect to sell the stock for $$140$ a year from now. If you require $12\%$ on this stock, how much would you be willing to pay for it$?$

$$122\mathrm{.}70$

$$140\mathrm{.}00$

$$122\mathrm{.}65$

$$131\mathrm{.}70$