What is the value on 1/1/13 of the following cash flows: Date Cash Rec

What is the value on 1/1/13 of the following cash flows:
Date Cash Received Amount of Cash
1/1/14 $14,000
1/1/15 $20,000
1/1/16 $30,000
1/1/17 $43,000
1/1/18 $57,000
Use a 7% discount rate, and round your answer to the nearest $10.

A) $112,350 B) $128,490 C) $107,330 D) $153,270

ANSWER

B