17. (5 points) On 12-31-20 J entered into an agreement allowing J to collect the following: Starting 12-31-21, $500 every 12-31 until 2025. On 12-31-26, a one-time collection of $2,500. Nothing in 2027 Starting 12-31-28, $750 every 12-31 until 12-31-37. How much total cash will J eventually collect? Assume a market interest rate of 2%. As of 12-31-20, what was the present value of J's receivable?