Sam Long anticipates he will need approximately $225,500 in 14 years to cover his 3-year-old daughter's college bills for a 4-year degree. How much would he have to invest today at an interest rate of 10% compounded semiannually? (Use the Table provided.) Note: Do not round intermediate calculations. Round your answer to the nearest cent. Present value interest factor of $1 per period at i% for n periods, PVIF(i,n)