A tenant signed a 10-year gross lease. The rent will increase annually at a fixed rate of 3.00%. As an incentive the tenant will receive one month of free rent for every year of the lease.The free rent will accumulate in the last year of the lease when the tenant receives 10 months of free rent at that time. The base rent is $720 per m2. Operating expenses are $160 per m2 and will increase annually at a rate of 4.00%. Calculate the effective rent per m2 from the landlord's perspective, assuming a 12.00% discount rate. Enter your answer rounded to the nearest whole number without the $ sign