question in picture, please answer both questions

Dinne Corporation is preparing its year end balance sheet. The company records show the following selected amounts at the end of the year Total at Tutal current LILLE Hate payasos, de inyes Accounts payable I ne pahle Lishlity to withholding OH Pentru collected in advance Bande payable due in 15 year) wag pa Property tax payable te peale os, de month Internet payable 1590,000 330.000 3.000 51,000 13.000 3.000 11,00 104.000 11.000 7.000 12.000 400 78,000 Required: 1. What is the amount of current abilities? 15. Compute working capital 2. Would your computation be different if the company reponad $270.000 worth of contingent oblities in the notes to its financiat statements Yes No You have just won the state lottery and have two choices for collecting your winnings. You can collect $113,000 today or receive $21.700 at the end of each year for the next seven years. A financial analyst has told you that you can earn 8% on your investments Required: 1. Calculate the present value of both the options (FV of $1. PV of $1. FVA of $1. and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your answers to nearest whole dollar.) Present Value Option 1 Option 2 2. Which alternative should you select? Option 1 Option 2 Dinne Corporation is preparing its year end balance sheet. The company records show the following selected amounts at the end of the year Total at Tutal current LILLE Hate payasos, de inyes Accounts payable I ne pahle Lishlity to withholding OH Pentru collected in advance Bande payable due in 15 year) wag pa Property tax payable te peale os, de month Internet payable 1590,000 330.000 3.000 51,000 13.000 3.000 11,00 104.000 11.000 7.000 12.000 400 78,000 Required: 1. What is the amount of current abilities? 15. Compute working capital 2. Would your computation be different if the company reponad $270.000 worth of contingent oblities in the notes to its financiat statements Yes No You have just won the state lottery and have two choices for collecting your winnings. You can collect $113,000 today or receive $21.700 at the end of each year for the next seven years. A financial analyst has told you that you can earn 8% on your investments Required: 1. Calculate the present value of both the options (FV of $1. PV of $1. FVA of $1. and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your answers to nearest whole dollar.) Present Value Option 1 Option 2 2. Which alternative should you select? Option 1 Option 2