Each parcel of land in a new development is selling for $$15,000$ and the total project revenue is estimated to be $$5,000,000.$ The project lender has stated that the loan should be paid off when $80$ percent of the total project revenue has been earned. The total loan amount is $$3,500,000.$ What is the release price for each parcel?

Question $27$ options:

$$8,400$

$$13,125$

$$12,750$

$$12,000$