Platinum Water Packaging just bought a new bowling alley for 499,262 dollars. To pay for the bowling alley, the company took out a loan that requires Platinum Water Packaging to pay the bank a special payment of 29,400 dollars in 3 months and also make regular monthly payments forever. The first regular payment is expected in 1 month and all subsequent regular payments are expected to increase by 0.63 percent per month forever. The interest rate on the loan is 1.87 percent per month. What is the payment expected to be in one month.