The rate of earnings is 12% and the cash to be received in 2 years is $89,624. 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% 0.943 0.909 0.893 0.890 0.826 0.797 0.840 0.751 0.712 0.792 0.683 0.636 3. $63,812.29 b. $80,034.23 c. $74,029.42 d. $71,430.33