Adam Marcs, who graduated from high school last year and could not go to college for lack of funds, has just inherited $60,000 dollars from a distant relative. He decided to use the money for college education. He found that the college he likes the most would cost $32,000 per year for four years. He decided to postpone college, invest his inheritance and work for three years and then use the inherited money and his savings to finance his college education. If we assume that Adam can earn 6% per year on his investments and savings, how much should Adam save every year (starting at the end of the current year) to meet all his college expenses assuming that the $32,000 per year in college cost is paid upfront each year starting at the end of year three? Please show work