Sally Carrera, the City Manager of Radiator Springs, is about to retire, and under the City's Defined Benefit plan, qualifies for a pension annuity of $125,000 paid annually. You have been asked to calculate the pension liability associated with Ms. Carrera's retirement. Based on an actuarial expectation that Carrera's pension will need to be paid out for 25 years, and utilizing Radiator Springs's assumption that the discount rate is 9 percent, calculate the amount required to fund fully the pension liability