AmazWeb is bidding to provide cloud services for Everything Party Inc. Everything Party Inc. pays its current provider $10,100 per year for the service. AmazWeb figures that it will need to purchase equipment worth $15,000 up front and then spend $2,200 per year on monitoring and updates to provide the service for 3 years. Potential bidders compete on their per year service charge and submit their bids to EverythingParty. If AmazWeb's cost of capital is 9.7%, what is AmazWeb's lowest bid that makes financial sense? AmazWeb can bid as low as per year for providing the service. (Round to the nearest dollar)