On 1 January 20X2, Supergrocery Inc. sold its major distribution facility, with a 22-year remaining life, to a real estate investment trust (REIT) for $9,000,000 cash, its estimated fair value. The facility had an original cost of $10,400,000 and accumulated depreciation of $3,600,000 on the date of sale. Also on 1 January 20X2, Supergrocery signed a 20-year lease agreement with the REIT, leasing the property back. Annual payments, beginning on 31 December 20X2, are $875,000. Supergrocery has an incremental borrowing rate of 9%. The company uses straight- line depreciation and has a 31 December year-end. Supergrocery records a part-year's depreciation on buildings, based on the date of acquisition. There is an expected residual value at the end of the lease term of $50,000 but this amount is not guaranteed. Round to the nearest percentage. (Do not round intermediate calculations. Round final answers to the nearest whole dollar amount.) (PV of $1, PVA of $1, and PVAD of $1.) (Use appropriate factor(s) from the tables provided.)