You have two assets and must calculate their values today based on their payment streams and required returns. Asset $1$ has a required return of $9\%$ and will produce a stream of $$300$ starting at year $1$

and continuing indefinitely. Asset $2$ has a required return of $7\%$ and will produce an end$-$of$-$year cash flow of $$1,400$ in $1$ year, $$1,300$ in $2$ years, and $$850$ in $3$ years.

The value of Asset $1$ today is $$.($Round to the nearest cent.$)$

The value of Asset $2$ today is $$.($Round to the nearest cent.$)$