At the end of the trading day, a bank has used its internal model to estimate the regular and stressed standard deviation of the daily returns on its $250 million trading portfolio as 4% and 8%, respectively. The 60-day averages of these same figures are reported to be 1% and 2% and the safety parameters assigned to the bank are K1= 4 for regular estimates and K2= 3 for stressed estimates. Compute the minimum market risk capital requirement for the bank if it decides to use its internal model for market risk measurement.