You inherit $531,000. You can receive the $531,000 in one lump sum payment today or, alternatively, receive two amounts: $331,000 in 11 months and $220,000 in 21 months from today. If you can earn 13.7% per annum compounding monthly on your monies, what is the value of the option to receive two payments (in present day value)? (to nearest whole dollar, dont use $ sign or commas).