10) 3 years ago you were bequeathed an asset that had an initial payout of $5,000. This asset will also generate payouts of $1,100 next year, $1,460 four years from now, and $725 nine years from now. What is the present value of this asset assuming a constant interest rate of 7.5%? (hint: 4 separate cash flows, round to 2 decimals)