A local golf course just bought a lawn mowing machine. It comes with the two years free maintenance. The manager wants to give them enough money in an 8.00% bank account now (EOY -0) to have a fund out of which he will pay for required maintenance. At the end of the 1st year after warrantee, he will have to pay $80.49 after which the cost is expected to increase $30.09 each year for 4 years (cumulative). Determine how many dollars must be deposited now?