Garland Incorporated offers o new employee a single-sum signing bonus at the date of employment, June 1,2024. Alternatively, the employee can receive $40,000 at the date of employment plus $11,000 each June 1 for sx years, beginning in 2029 . Assuming the employees time value of money is 9% annually. What single amount at the employment date would make the options equally desirable? Note: Use tables. Excel, or a financlal calculator. Round your final answer to the nearest whole dollar. (FV of \$1, PV of S1, EVA of \$1. PVA of \$1, AVAD of S1 and Muitiple Choice $70,023 $41,957 $37023 $74,957