A plaintiff in a high profile legal suit was offered the following out of court settlement: We the defendent will pay the lump sum of $200 to the plaintiff in exactly 6 years. Or alternatively, we will negotiate a lump sum payment today. According to time value of money, what lump sum amount today will have the same present value as the offered settlement if the interest rate of 4 %? Place your answer in dollars and cents. Do not include a dollar sign or a comma. Work your analysis out with at least 4 decimal places of accuracy.