Today, a company paid $3.5 million for the completion and opening of a factory.

If the company uses an interest rate of 16% per year, compounded quarterly for all incoming profits from the factory, what is the uniform amount per quarter the company must make in order to recover the factory's construction cost in 4.00 years?

The uniform profit per quarter that the company must make in order to recover the factory's construction cost in 4.00 years is $