A development has 30 lots that have been in inventory for four years. The market will Imit sales to aixlots a your, Lot prices will be ntable for thme years bur ther of the gross sale price of each lot. There is $35,000 of deferred maintenance and about $1,000 per year in ongoing mantenarince What is the value do at 30 ikte tedy the discount rate is 10% and there is annual accounting? Provide estimate to the natest thousand $714,000$865,000$4,040,000$837,000$1,543,000$812,000