Johnson Electronics wants to have $100,000 end-of-year amount available in 4 years to replace a production line. The amount of money that would have to be deposited each year (also end-of-year as taught in class) at an interest rate of 12% per year would be closest to: (A) $20,900 (B) $29,640 (C) $47,200 (D)Over $50,000