Step 1: Find work done by engine.
\[
W = Q_H - Q_C = 200 - 120 = 80\,J
\]
Step 2: Efficiency of engine.
\[
\eta = \frac{W}{Q_H} = \frac{80}{200} = 0.4
\]
Step 3: Carnot efficiency relation.
For maximum efficiency (minimum \(T_1\)):
\[
\eta = 1 - \frac{T_C}{T_H}
\]
Step 4: Substitute values.
\[
0.4 = 1 - \frac{300}{T_1}
\]
Step 5: Solve for \(T_1\).
\[
\frac{300}{T_1} = 0.6
\Rightarrow T_1 = 500\,K
\]
Step 6: Final conclusion.
Thus, minimum temperature of hot reservoir is \(500\,K\).
Final Answer:
\[
\boxed{500\,K}
\]