Given the following information of the mortgage pool that backs a MPT, what is the dollar amount of prepayment in month 1 of the security? Remember PSA is calculated based on month of the mortgage, not the security. Round your final answer to two decimals.

30 year FRM, fully amortizing, monthly payments

Loans seasoned for 3 months before entering pool

WAM: 357

WAC: 4%

Servicer/Guarantee fee: 0.55%

Starting pool balance: 250,342,967

Prepayment assumption: 75% PSA