What is the present value of an investment in equipment that is expected to provide annual earnings of $$65,000$ for $15$ years and to have a resale value of $$125,000$ at the end of that period? Assume a $10\%$ rate and earnings at year$-$end. The present value of $1$ at $10\%$ for $15$ periods is $23939.$ The present value of an ordinary annuity at $10\%$ for $15$ periods is $7\mathrm{.}60608$ The future value of $1$ at $10\%$ for $15$ periods is $4\mathrm{.}17725$

$$1,004,925$

$$524,319$

$$494,395$

$$619,395$