A young medical doctor was injured. You were asked to calculate the present value of his earnings potential as a doctor. His employment income for next year was expected to be $335,000. Assume for simplicity, a single payment at the end of each year. If the growth rate of his income is forecasted at 3% and a rate of return of 7%, compounding annually over a 31-year career. Using the above information, estimate the size of the court award in todays dollars. Select one: a. $5,804,358 b. $5,657,901 c. $5,856,023 d. $5,919,307 e. $6,197,167