Carol Thomas will pay out $31,000 at the end of the year 2, $33,000 at the end of year 3, and receive $35,000 at the end of year 4. With an interest rate of 14 percent, what is the net value of the payments vs. receipts in today's dollars? Use Appendix B to calculate the answer.

A. (28,608)

B. (46,114)

C. (66,834)

D. (25,394)