Your have just sold your house for $1,000,000 in cash. Your mortgage was originally a30-year mortgage with monthly payments and an initial balance of $800,000. The mortgage is currently exactly 18.50 yearsold, and you have just made a payment. If the interest rate on the mortgage is 5.25% (APR), how much cash will you have from the sale once you pay off themortgage? (Ignore any real estate transactioncosts.)