Davenport Inc. offers a new employee two options. First, the employee can receive a one-time signing bonus at the date of employment. Second, the employee can take $25,000 at the date of employment and another $58,000 two years later. Assuming the employee's time value of money is 8 annually, what single payment in the first option would be equal to the total of the payments in the second option? (E of St. PV. $1. EVA of S1, and PVA of $1). (Use appropriate factor(s) from the tables provided) Multiple Choice $79,434 $74.726 $83.000 $23,000