IBM purchased computer chips from NEC, a Japanese electronic conern, and was billed yen$240$ million payable in three months. Currently, the spot exchange rate is yen$109/$$ and the three$-$month forward rate is yen$104/$$$.$ The three$-$month money market interst rate is $11\mathrm{.}2$ percent per annum in the U$.$S$.$ and $7\mathrm{.}4$ percent in Japan. The management of IBM decide to use the money market hedge to deal with this yen account payable.

compute the dollar cost $($today$)$ of meeting the yen obligation $($round uoir answer yo zero decimal$)$