You own a lake house that you are looking to sell. You have received two offers for it. The first offer is for $150,000 cash today. The second offer is from a potential buyer who will pay you $35,000 down now, $70,000 at the end of one year, and another $70,000 at the end of two years, for a total of $175,000. You're tempted to take the second offer, because it appears to be more money. If your discount rate is 8%, what are the present values for the two offers