The rate of earnings is 6% and the cash to be received in 4 years is $52,163. The present value amount, using the following partial table of present value of $1 at compound interest, is (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.$33,175.67

b.$43,816.92

c.$41,313.10

d.$35,627.33