The rate of earnings is 10% and the cash to be received in four years is $39,239.00. Determine the present value amount, using the following partial table of present value of $1 at compound interest (round to two decimal points).

Year 69% 0.943 0.890 0.840 0.792 10% 0.909 0.826 0.751 0.683 12% 0.893 0.797 0.712 0.636