There is a mixed-use retail/office building totaling 25,000 SF on Ventura Boulevard in Encino. The ground floor retail space (50%) of the building is leased for $2.00/SF Triple Net. The second office spaces (50%) of the building are leased for $3.00/SF, Full Service Gross. There is no vacancy, the property is family operated and managed and has long-term 20 year leases in place. What are the annual operating expenses?