Please answer the following accounting question.

(For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $37,000 due 8 periods from now, discounted at 6%? (Round answer to 2 decimal places, eg. 25.25.) Present value $ (b) What is the present value of $37,000 to be received at the end of each of 5 periods, discounted at 8%? (Round answer to 2 decimal places, eg. 25.25.) Present value $ $