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What is the value at the end of year 1 of a perpetual stream of $30,000 quarterly payments that begins at the end of year

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What is the value at the end of year 1 of a perpetual stream of $30,000 quarterly payments that begins at the end of year 4 ? The APR is 12% compounded monthly. For your answer round to the nearest dollar, do not enter the dollar (\$) sign, and DO NOT use commas for the thousands. For example, if you obtained $1,240.75 then enter 1241 (some problems might let you use commas though)

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