A consulting company is retained by a large organization for a 4-year project. The consulting fees in the 1st year will be $ 360,000. Costs are expected to decrease by 3% per year due to the learning curve and the consulting company's ability to work more quickly as it better understands the organization's procedures. The consulting company will bill the organization for the entire cost of the project at the end of year 4 and will charge 11% interest per year on consulting fees incurred. How much will the organization owe the consulting company at the end of year 4?