Provide your best answer for the following math problem. Give ONLY the answer, no other words or explanation.
For example:

Answer: <most likely answer, as short as possible; not a complete sentence, just the answer!>.

The problem is: yearly subscription to professional magazines cost a company $ 940.00 . to make a 30 % cut in the magazine budget , how much less must be spent ?
658
$ 282.00.