Ephraim is pursuing a master's in business administration with a concentration in human resource management. An MBA will take him one year, and the program would cost him $$19,044$ in tuition and fees and $$1,200$ in textbooks. After graduation, if he expects to earn the following $($cash flows$)$ estimated salary, what is his future earnings projection in today's dollars $($net present value of his expected salary$)?$

$($Assume an inflation rate of $3\mathrm{.}8\%$ as of May, $2024).$

$\backslash$table$[[$Time$,$Year $1-5,$Year $6-10,$Year $11-15,$Year $16-20,$Year $21-45],[\backslash$table$[[$Expected$],[$Salary$]],$$$55,000,$$$60,000,$$$70,000,$$$80,000,$$$100,000$