A mortgage pool is formed with mortgages with the following characteristics and assumptions: - Each mortgage has a balance of $76843 - There are 78 mortgages in pool and all enter it at origination - Each mortgage has a 7\% interest rate and are 10 year FRM with annual payments - Servicing and guarantee fee rate (total when adding both rates): 0.2% - No prepayment What is the servicing and guarantee fee payment in year 1 ? Write your answers into rounded cents. For example, if you get 1,421,333.321544, write in 1421333.32