Godfrey Corp operates under ideal conditions of certainty. On January 1, Year 1, it acquires an asset which will generate cashflows of $100000, $125000, and $150000 at the end of each of years 1, 2 and 3. The interest rate in the economy is 10% per annum. The asset acquisition will be entirely financed through issuance of equity. No dividends will be paid until the company is wound down at the end of year 3. What is the initial investment required?