Remedies Corporation purchased a computer on December $31,2024,$ for $$150,900,$ paying $$50,900$ down and agreeing to pay the balance in five equal installments of $$20,000$ payable each December $31$ beginning in $2025.$ An assumed interest rate of $9\%$ is implicit in the purchase price. What is the value of the equipment? $($Assume a PV factor of $1$ of $\mathrm{.}65$ and a PV factor of annuity of $3\mathrm{.}89)$

$$77,800$

$$128,700$

$$150,900$

$$587,001$