Kaehler Enterprises earns 5% on an investment that pays back $80,000 at the end of each of the next 4 years. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Kaehler Enterprises invested to earn the 5% rate of return? (Round answer to 2 decimal places, e.g. 25.25.)