$($Calculating the present value of a complex$$ stream$)$ Don Draper has signed a contract that will pay him

$ $70$ comma $000$$$70,000$

at the end of each year for the next

$77$

$$years$,$ plus an additional

$ $140$ comma $000$$$140,000$

at the end of year

$77.$

If

$77$

percent is the appropriate discount$$ rate, what is the present value of this$$ contract?