The rate of earnings is 6% and the cash to be received in 4 years is $63,096. 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