You are setting up a trust fund to support your cherished colony of feral cats after you move away from your current residence. You have determined that this will require payments of 10,000 per year, in perpetuity, in today's currency. Inflation is expected to be 3% per year and your investments will earn interest at an annual effective rate of 6%. How much money must you have in your feral cat support trust fund today if it will be able to begin annual payments starting one year from today?