Deepak's company buys a property valued at $10,000 and finances the purchase with an 64% LTV loan. The bank offers a 25 year amortization schedule with 7.0% interest and monthly payments and requires a balloon repayment after 5 years. If Deepak's company holds on to the mortgage at maturity, what will be their balloon payment (only principal still owed) at the end of the mortgage term (after making 5 years of monthly payments)? State your answer as a number rounded to the nearest cent (e.g. if you get $13.57654, write 13.58)