A company that makes meters purchased a packaging system for $700,000 three years ago. The estimated salvage value was $80,000 after 8 years of use. Currently, the expected remaining life is 4 years with an AOC of $30,000 per year and an estimated salvage value of $60,000. The company is considering early replacement of the system with a new system that costs $570,000 and has a 12-year economic service life, a $65,000 salvage value, and an estimated AOC of $40,000 per year. If the MARR for the corporation is %10 per year, The minimum trade-in value necessary now to make the replacement economically advantageous is closest to