A project you are evaluating involves the purchase of a piece of equipment at an up$-$front cost of EUR $1,364,443.$ The project will last $5$ years. The depreciation rate allowed for tax purposes is $11\%$ per year. What will the non$-$depreciated balance $($tax basis$)$ be halfway through the project's life? Report your answer with $2-$digit precision $($ex$.12\mathrm{.}34).$ If the result is less than zero $(0)$ then report $0.$