A friend told you that they want to move out of the city in five years. You really like the house they are owning. Your friend is willing to sell you the house for $300,000 in five years. You try to understand how you could be able to pay the money in five years. While researching, you find an offer for a yearly compounding investment opportunity which pays 8% interest. How much will you have to invest right now to hold the necessary $300,000 in five years? Please round to the next full $1,000.