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 $7\%$ and will produce a stream of $$$$500$ starting at year $1$ and continuing indefinitely. Asset $2$ has a required return of $7\%$ and will produce an$$ end$-$of$-$year cash flow of $$$$1400$ in $1$ year, $1300$ in $2$ years, and $$$$700$ in $3$ years. $1.$What is the value of asset $1$ today? $2.$ what is the value of asset $2$ today? round to the nearest cent