Garland Incorporated offers a new employee a single$-$sum signing bonus at the date of employment, June $1,2024.$Alternatively, the emplyee can receive $$42,000$ at the date of emplyment plus $$13,000$ each June $1$ for four years, beginning in $2027.$ Assuming the employee's time value of money is $8\%$ annually, what single amount at the employment date would make the options equally desirable?

Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole doller. $($FV of $$1$ PV of $$1.$ FVA of $$1$ PVA of $$1$ FVAD of $$1$ and PVAD of $$1)$

Multiple Choice

$$78,915$

$$52915$

$$76,187$

$$50187$