Harold's parents have offered him a $10,000 high school graduation gift with an option for another $20,000 upon graduation from college in four years. His friends tell him this is a $30,000 gift from his parents, but Harold has taken a finance class. If the expected inflation rate over the next four years is expected to be 4% per year, but the interest rate will remain zero, what does Harold think the gift is worth in today's dollars?

Please show WORK or show BA II Plus calculator inputs (e.g. I/Y = "value", PV = "value", FV = "value, N = "value")

The correct answer is supposed to be 27,096.08 but I can't seem to figure out how to get there.