Consider an investor who, on January 1, 2XX1, purchases a TIPS bond with an original principal of $193,000, an 4 percent annual coupon rate, and 14 years to maturity. If the semiannual inflation rate during the first six months is 1.6 percent and the semiannual inflation rate for the second six-month period is 1.1 percent, calculate the coupon payment to the investor for the first six-month period. (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16))