A business has been involved in a lawsuit that they have lost in court. The judge has ordered money to be put in escrow during the appeal. This is to guarantee that the plaintiff will be able to receive the judgement, if the company loses its appeal. The plaintiff has been awarded quarterly payments in the amount of $18,000.00 for 15 years. It was agreed by the judge and both parties that an estimated time for the the appeals process will last 3 years. If money is worth 3.4%, compounded quarterly. How much did the judge order the company to put into the annuity today at the start of the appeal process?

The company put $ into the annuity at the start of the appeal process. (Round to 2 decimal places.)