For the following ordinary annuity, determine the size of the periodic payment.

$\backslash$table$[[$Future Value,$\backslash$table$[[$Present$],[$Value$]],\backslash$table$[[$Payment$],[$Period$]],$Term of Annuity Interest Rate,$\backslash$table$[[$Conversion$],[$Period$]],],[-,$$$11,500\mathrm{.}00,1$ month,$8\mathrm{.}25$ years,$5\mathrm{.}4\%,$monthly$]]$

The payment is $

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