Sherman Alexander Hemsley established a trust fund that provides R$120000$ in scholarships each year for worthy students. The trust fund earns a $5,75\%$ rate of return. How much money did he contribute to the fund, assuming that only the interest income is distributed?

$1.$

R$2086956,52$

$2.$

R$2121212,68$

$3.$

R$2458122,40$

$4.$

R$2637587,34$