Rafael Sandino is interested in investing in a shopping center that has been in operation for 10 years. The forecasted cash flows for the next 5 years are as follows: losses of $4,000 monthly for the first year, gains of $75,000 monthly for the next year, $80,000 monthly for the following 2 years, and $100,000 monthly for the fifth year. In the final month of the 5th year, Rafael is planning to sell the property for $2,500,000. What is a reasonable asking price for this shopping center? Find the net present value (NPV). Assume money is worth 2.8% compounded monthly. Round to the nearest thousand.