A company has borrowed $A and has agreed to pay interest on the loan every 3-months at j₄ = 8% and pay back the $A in one lump sum at the end of 11 years. The company will make quarterly deposits in a sinking fund earning j₄ = 4% to accumulate to $A by the end of 11 years. If the book value of the loan after 5 years is $81,485, what is the value of A? (Answer to the nearest $100)