Find the present value of the following ordinary annuity.

$\backslash$table$[[\backslash$table$[[$Periodic$],[$Payment$]],\backslash$table$[[$Payment$],[$Interval$]],$Term,Interest Rate,$\backslash$table$[[$Conversion$],[$Period$]]],[$$$128\mathrm{.}00,1$ year,$8$ years,$4\%,$quarterly$]]$

The present value is $

$($Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.$)$