Congratulations!You've been offered a job with a contractof4years.Thecompany is offering to pay you in one of two ways:

(A)You can be paid a flat-salary of$72000each year forthe4years-OR-

(B)You can have a starting salary of62,000and get a4%raise every remaining year.

This time,still assuming an 8% interest rate, determine offer B's present value, rounded to the nearest whole dollar.