Davenport Inc. offers a new employee a single-sum signing bonus at the date of employment. Alternatively, the employee can receive $35,000 at the date of employment and another $55,000 2 years later. Assuming the employee's time value of money is 6% annually, what single sum at the employment date would make her indifferent between the two options? (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided and round final answer to nearest whole dollar amount.)