On January 1 , Alan King decided to transfer an amount from his checking account into an investment account that later will provide $91,000 to send his son to college (three years from now). The investment account will earn 10 percent, which will be added to the fund each year-end. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1, Financial Calculator) (Use tables, Excel, or a financial calculator.) Required: 1. How much must Alan deposit on January 1 ? 2. What is the interest for the three years? Complete this question by entering your answers in the tabs below. How much must Alan deposit on January 1 ? (Round "Present Value" to nearest whole dollar amount.)