John Fillmores lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritance of $416,900. He estimates that the boat he wants will cost $323,600 when he retires in 6 years.

Assuming quarterly compounding of amounts invested at 8%, how much of John Fillmores inheritance must be invested to have enough at retirement to buy the boat? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.)