An apartment property is expected to generate a rental income of $$255,000$ in year $1$ that will grow at an annual rate of $2\mathrm{.}5\%$ over the following years. The property will be sold at the end of year $10$ for $$4\mathrm{.}5$ million.

$1.$ What is the PV of the property$$s $10-$year rental income and sale price at the end if the annual discount rate is $8\mathrm{.}5\%?$