Thomas Taylor, a professional athlete, currently has a contract that will pay him a large amount in the first year of his contract and smaller amounts thereafter. He and his agent have asked the team to restructure the contract. The team, though reluctant, obliged. Thomas and agent came up with a counteroffer. $($a$)$ What is the present values of Team's offer using a $14$ percent discount rate? $($Round answer to $2$ decimal ploces, es$.15\mathrm{.}25.$ Do$.$ not round foctor valuest Prosent value $\backslash$$