You Have Some Property for Sale and Have Received Two

You have some property for sale and have received two offers. The first offer is for $98,000 in cash today. The second offer is the payment of $50,000 today and an additional $60,000 two years from
Today. The applicable discount rate is 11%. You should accept the _____ offer as it is worth _____
More today.

A) first; $412.85
B) first; $587.49
C) second; $349.16
D) second; $491.80
E) second; $697.35