Beginning next year, a foundation will support an annual seminar on campus with the earnings of a $230,000 gift it received this year. It is felt that 7% interest will be realized for the first 10 years, but that plans should be made to anticipate an interest rate of 5% after that time. What amount should be added to the foundation now to fund the seminar at the $23,000 level into infinity? Click the icon to view the interest factors for discrete compounding when i=5% per year. Click the icon to view the interest factors for discrete compounding when i=7% per year. The amount of additional funds should be . (Round to the nearest dollar.)