From the standpoint of the lender, mortgages involve investing dollars today and receiving dollars back in the future. Due to the effects of inflation over time, the lender will be paid back in cheaper dollars in the future. Consider a 15-year 7% mortgage that can be repaid with 15 annual payments of $18,000. Find the adjusted total amount paid by the borrower over this 15-year period on real dollars, if the annual rate of inflation over this 15-year period is 3.2%. Answer to the nearest dollar.