XYZ Inc. is seeking an investment of $62,000 from your venture capital firm. After extensive economic analysis, you estimate that the exit value of the company will be $289,000 4 years from now. Because of the risk, you will only invest if you can generate of return of 14% per year on your investment. The founders want to have 100,000 shares of the company. What is the PRE-money valuation of the company? Round your answer to the nearest whole number, for example 50501