The Givner Apartments were acquired five years ago by an investor for $10MM and sold for $12.5MM. Assume the following: - accumulated depreciation on the property is $1.03MM - the total Tenant Improvements and Capital improvements over 5 years have been $320,495 - 25% tax rate on accumulated depreciation - 15% tax rate on capital gains - 5% selling costs. What is the Adjusted Cost Basis of the building fround to nearest dollar