Harte Systems, Inc., a maker of electronic survillance equipment, is considering selling the rights to market its home security system to a well-known hardware chain. The proposed deal calls for the hardware chain to pay Harte $32 comma 000 and $27 comma 000 at the end of years 1 and 2 and to make annual year-end payments of $12 comma 000 in years 3 through 9. A final payment to Harte of $30 comma 000 would be due at the end of year 10. a. Select the time line that represents the cash flows involved in the offer. b. If Harte applies a required rate of return of 9% to them, what is the present value of this series of payments? c. A second company has offered Harte an immediate one-time payment of $110 comma 000 for the rights to market the home security system. Which offer should Harte accept?