To complete your education, you will need $50,000 per year for 4 years, with the first $50,000 needed one year from today. Your rich uncle offers to put you through school, and he will deposit today a sum of money that is sufficient to provide the 4 payments of $50,000 each, in a bank that pays 6% interest per year. How much does your uncle need to deposit today?

Round your number to the nearest dollar and enter it without a dollar sign.