A corporation takes out a $100,000 loan to be repaid over 6-years with quarterly payments at j₄ = 10%. Under the amortization method, the outstanding balance of the loan after 4 years is $40,090.26. At this time the company refinances the loan, without penalty. The new loan rate is j₄ = 8% and the company makes an additional lump sum payment of $5000. What is the new quarterly payment, assuming the loan is still paid back in full after 6 years?