Assume an FI holds three different positions. The following DEAR information is available for the positions. Position 1 is five-year zero-coupon bonds with DEAR of $12,500, position 2 is a CHF spot contract with DEAR of $9,500 and the third position are Australian equities with DEAR of $34,500. The five-year zero-coupon bonds and the CHF spot position have a correlation of 0.5, the correlation between the zero-coupon bonds and the Australian equities is -0.6 and the correlation between the CHF spot contract and the Australian equities is 0.4. What is the DEAR of the portfolio (round to two decimals)