3 Exercise 14A-2 (Algo) Basic Present Value Concepts [LO14-7] 83 ints Julle has just retired. Her company's retirement program has two options as to how retirement benefits can be received. Under the first option, Julle would receive a lump sum of $129,000 immediately as her full retirement benefit. Under the second option, she would receive $18,000 each year for 6 years plus a lump sum payment of $55,000 at the end of the 6-year period, Click here to view Exhlblt 148-1 and Exhibit 148-2. to determine the appropriate discount factor(s) using tables. Required: 1-a. Calculate the present value for the following assuming that the money can be invested at 12%. 1-b. If she can invest money at 12%, which option would you recommend that she accept? ebook Complete this question by entering your answers in the tabs below. Print Reg 1A Reg 13 erences Calculate the present value for the following assuming that the money can be invested at 12%. (Round your final answer to the nearest whole dollar amount.) Option 1 Option 2 Present value Roq 18 >