Rose Axels faces a smooth annual demand for cash of $$5\mathrm{.}16$ million, incurs transaction costs of $$269$ every time the company sells marketable securities$,$ and can earn $3\mathrm{.}7$ percent on its marketable securities$.$

What will be its optimal cash replenishment level? $($Enter your answer in dollars not in millions. Round your answer to $2$ decimal places.$)$