You want to determine the value of your business. You have determined the expected cash flows for the next ten years for the business and calculated the sum of the present values associated with these cash flows using a discount rate of $20\%.$ Referencing the Sum of the Present Values of the Expected Cash Flows schedule above $-$and assuming the present value of the terminal value of your business is $$688,399-$what is the equity value of your business?

Group of answer choices

$$550,719$

$$860,499$

$$1,392,723$

$$2,769,519$