A company is going through the bankruptcy proceedings. The trustee estimates the liquidation value of the company to be $5,075,360. Alternatively, a restructuring can provide a perpetual annual cash flow starting one year from now and growing at 4.62% per year. How much must be the minimum cash flow next year to warrant a reorganization of the firm if the discount rate is 15.42%?

	$520,732
	$534,435
	$548,139
	$561,842
	$575,546