$($Related to Checkpoint $14\mathrm{.}4)($Flotation costs and NPV analysis$)$ The Faraway Moving Company is involved in a major plant expansion that involves the expenditure of $$218$ million in the coming year. The firm plans on financing the expansion through the retention of $$131$ million in firm earnings and by borrowing the remaining $$87$ million. In return for helping sell the $$87$ million in new debt, the firm's investment banker charges a fee of $300$ basis points $($where one basis point is $0\mathrm{.}01$ percent$).$ If Faraway decides to adjust for these flotation costs by adding them to the initial outlay, what will the initial outlay for the project be$?$

The flotation cost adjusted initial outlay is $ $($Round to the nearest dollar.$)$