Upon retirement, your goal is to spend 5 years traveling around the world. To travel in the style to which you are accustomed will require $200,000 per year at the beginning of each year. If you plan to retire in 25 years, what are the equal, annual, end-of-year payments necessary to achieve this goal? The funds in the retirement account will compound at 12 percent annually. Use Table III and Table IV or a financial calculator to answer the question. Round your answer to the nearest dollar.