As CFO for Panther Insurance, you are shopping for 10,000 square feet of usable office space for 25 of your employees in Cedar Falls, IA. A leasing broker shows you space in Curris Atrium, a 10story multitenant office building. This building contains 400,000 square feet of gross building area. A total of 100,000 square feet is interior space and is nonrentable. The nonrentable space consists of areas contained in the basement, elevator core, and other mechanical and structural components. A total of 30,000 square feet is lobby area and is usable by all tenants. The 10,000 square feet of usable area that you are looking for is on the 4^th floor, and contains 30,000 square feet of rentable area, and is leased by other tenants who occupy a combined total of 18,000 square feet of usable space (assuming there is no other usable space for leasing). The leasing broker indicated that base rents will be $20/square foot of rentable area. What is the annual rent that Panther Insurance will have to pay, including the load factor for the 4^th floor in the computation? (compute your answer using 4 decimals and round your final answer to whole number. To compute the final answer to 4 decimals, you need to compute the load factor upto 8 decimals)