10 years from now, you plan to buy a house for $300,000. The down payment is 10% of the house value ($30,000).

If you can earn 4.75% interest, compounded annually, on your savings, how much do you need to deposit today to have $30,000 in 10 years?

(Round your answer to the nearest hundredth; two decimal places. Also, if your answer is an even number, enter it with two decimal places; e.g., 34.00)