You are looking to invest in some real estate. The land in undeveloped and consists of 15 acres. Your plan is to subdivide the land into 15 parcels and sell each parcel. The land is currently priced at $675,000. Plus it will cost you an additional $250,000 to subdivide and get utilities to each parcel. You plan to sell 5 parcels each for the next three years. Based on your research, you expect to receive $70,000 per parcel in year 1 and you expect that price to grow by 6.5% each year after that. What is the NPV of this investment if your required rate of return is 9.5%? Round to two decimal places and don't use a comma in your