To calculate the present value of the 5th year, we need to discount the cash flow by the appropriate discount rate. In this case, the discount rate is given as 9%.

The cash flow in the 5th year is $131.77. To calculate the present value, we use the formula:

Present Value = Cash Flow / (1 + Discount Rate)^n

Where n is the number of years in the future. In this case, n is 5.

Using the formula, we can calculate the present value of the 5th year as follows:

Present Value = $131.77 / (1 + 0.09)^5 = $131.77 / (1.09)^5 = $131.77 / 1.5386 = $85.63

Therefore, the present value of the 5th year is $85.63.