The Inn is a 100-room inn that was built ten years ago for a total project cost of $7,500,000.The market value of the facility is now estimated at $10,000,000 and the General Manager estimates that the level of guest services is worth at least $2,000 per room per year.A close competitor of The Inn charges $80 per night per room. What is the estimated room rate using the $1 per $1,000 approach?