Marko,IncIs Considering the Purchase of ABC Company

Marko,Inc.is considering the purchase of ABC Company.Marko believes that ABC Co.can generate cash flows of $6,000,$9,000,and $16,000 over the next three years,respectively.After that time,management feels ABC will be worthless.Marko has determined that a 14% rate of return is applicable to this potential purchase.What is Marko willing to pay today to buy ABC Co.?

A) $19,201.76
B) $21,435.74
C) $22,987.91
D) $27,808.17
E) $31,758.00