Garland Inc. offers a new employee a single-sum signing bonus at the date of employment, June 1, 2021. Alternatively, the employee can receive $45,000 at the date of employment plus $16,000 each June 1 for six years, beginning in 2026. Assuming the employee's time value of money is 10% annually, what single amount at the employment date would make the options equally desirable? (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.) Multiple Choice $85,428 $37,428 $92,595 $44,595