The rate of earnings is 6% and the cash to be received in 4 years is $30,662. The present value amount, using the following partial table of present value of $1 at compound interest is (round to two decimat points) a. $19,501.03 b. $25,756,08 c. $20,942.15 d. $24,284,30 Magpie Corporation uses the total cost method of product pricing. Below is cost information for the production and sale of 61,300 units of its sole product. Magple desires a profit equal to a 24% return on invested assets of $575,000. The dollar amount of desired profit from the production and sale of Magpie's product is a. $75,000 b. $138,000 c. $110,400 d. $276,000