You are considering investing in a financial contract that stipulates that the counterparty must pay according to the following schedule: $$250$ in one year; $$400$ in two years; $X in three years; and $$700$ in four years. As you consider the risks involved, you determine that an appropriate rate of return is $8\mathrm{.}15\%.$ If the current market price of the contract is $$1,499\mathrm{.}85,$ and assuming the market is at equilibrium, what is the value of the missing cash flow at timepoint three? $[$Show your answer in dollars and cents; do not round interim calculations$]$