The rate of earnings is 12% and the cash to be received in two years is $41,995. Determine the present value amount, using the following partial table of present value of $1 at compound interest: (round to two decimal points).

Year	6%	10%	12%
1	0.943	0.909	0.893
2	0.890	0.826	0.797
3	0.840	0.751	0.712
4	0.792	0.683	0.636

a.$29,900.44

b.$33,470.02

c.$34,687.87

d.$37,501.54