Sandhill Co. is considering an investment that will return a lump sum of $888,900, 5 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Sandhill Co. pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.)

Lincoln Company should pay

$enter the amount that should be invested rounded to 2 decimal places