A Grateful Alumnus Wishes to Provide a Scholarship of $1,800

A grateful alumnus wishes to provide a scholarship of $1,800 per year for 4 years to his alma mater, with the first scholarship awarded on his 59th birthday. If the money is worth an annual rate of 5.1%, compounded annually, how much money must he donate on his 49th birthday? Round your answer to the nearest cent. ​

A) $1,362.43
B) $2,601.05
C) $5,485.16
D) $5,764.90
E) $4,069.80