An investment promises to pay your $3,000 in one year, $4,040 in two years, $5,885 in three years, and finally, $7,975 in four years. You plan to invest all of these payments in a bank account paying an interest rate of 5.40 percent as soon as you receive them. The total balance in your bank account at the end of these 4 years is:

$22,609.26

$22,178.61

$23,120.48

$21,291.46

$23,631.70