The present value of $60,000 to be received in one year, at 6% compounded annually, is _____ (rounded to nearest dollar) . Use the following table, if needed. 
Definitions:
Productive Capacity
The maximum output a system can produce over a set period under normal conditions.
PP&E
Property, Plant, and Equipment - A company's tangible fixed assets that are expected to provide economic benefits for more than one year.
Current Production
The total output of goods and services produced by an economic entity in a current period, reflecting its current level of activity.
Sale of Investments
The process of selling investments such as stocks, bonds, or real estate, typically to generate cash or realize gains.
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