On Oct.31, 2025, Ford incurs a 20-year $239427 mortgage liability in conjunction with the purchase of a factory. This is payable in equal monthly installments of $2,000 which include interest. The first monthly payment is made on November 30, 2025. This mortgage is fully amortizing over 240 months. The company counts 30 days for each month. Given the following information, compute the outstanding balance at year-end.

November interest expense: $1238

December interest expense $1070

Round only your answer to the 2 decimal places