Sunland Company earns 12% on an investment that will return $480,800 6 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 is the amount Sunland should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.)

Sunland Company should invest

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