If Tom invests $110,000 in a taxable corporate bond that provides a 5 percent before-tax return, how much will Tom's investment be worth in either 8 or 20 years from now when the bond matures? Assume Tom's marginal tax rate is 35 percent.

$162,520; $291,863

$157,361; $273,206

$144,200; $216,508

$142,074; $208,542

None of the choices are correct.