Quaker State Incorporated offers a new employee two options. First, the employee can recelve a one-time signing bonus at the date of employment. Second, the employee can take $6,500 at the date of employment plus $24,000 at the end of each of his first three years of service. Assurting the employee's time value of money is 7% annually, what single payment in the first option would be equal to the total of the poyments in the second option? FY. of S1. PY of S1. EYA of \$1, and PVA of Si). (Use appropriate factor(s) from the tables provided.) Multiple Choice $80.042 $71,984 569,484 None of these answer choices are correct