Your company then spends $300,000 for an expansion to it facilities to accommodate the machine (and others like it). A one-time charge for this expansion of $20,000 occurs at the beginning of the 4th year. The debt is to be repaid with quarterly payments, with a nominal annual interest rate of 12% compounded quarterly, over 5 years. What amount of money must your company budget quarterly to make the payments to repay this debt?