Pharoah Ltd$.$ entered into a lease on June $1,2023.$ The lease term is six years and requires annual rental payments of $$31,200$ at the beginning of each year. Pharoah's incremental borrowing rate is $6\%$ and the rate implicit in the lease is $9\%.$ Calculate the capitalized amount of the leased asset if Pharoah follows ASPE. $($Round factor values to $5$ decimal places and final answer to $2$ decimal places.$)$