Exercise 10-2A (Algo) Determining the present value of a lump-sum future cash receipt LO 10-1 Larry Mattingly turned 20 years old today. His grandfather had estabilshed a trust fund that will pay him $77,000 on his next birthday. However, Larry needs money today to start his college education, and his father is wiling to help. Mc. Mattingly has agreed to give Larry the present value of the $77,000 future cash Inflow, assuming a 10 percent rate of return. (PV of $1 and PVA of 51 ) Note: Use approprlate factor(s) from the tables provlded. Required a. Determine the amount of cash that Larry Mattingly's father should give him. Note: Round your final answer to the nearest whole dollar value