A 56-year-old man presents to the Emergency Department with severe abdominal pain and a temperature of 103°F. The patient is in severe respiratory distress. Moderate amounts of pulmonary edema fluid are aspirated during suctioning. The patient is placed on a ventilator with an FIO2 of 0.5 and an arterial blood gas sample reveals a PO2 of 160 mmHg and a PCO2 of 40 mmHg. His alveolar oxygen tension, at a barometric pressure of 747 mmHg and a respiratory exchange ratio (R) of 0.8, is approximately what?