You inherit $434,000. You can receive the $434,000 in one lump sum payment today or, alternatively, receive two amounts: $234,000 in 11 months and $220,000 in 21 months from today. If you can earn 11.6% per annum compounding monthly on your monies, what is the value of the option to receive two payments (in present day value)?

(to nearest whole dollar,; dont use $ sign or commas)