Using price data from several recent housing transactions in a particular area, Polaris Real Estate Group has identified the main characteristics that affect prices. The estimated value impact of each characteristic, as well as a standard base price, is as follows: CharacteristicBasepriceLivingareaNumberofbathroomsAgeofhomeUnitsSquarefeetNumberYearsImpact$116,000$35/quarefoot$7,100/bathroom$5,100/year Using the above values, estimate a price for a five-year-old home that has a living area of 1,500 square feet and two bathrooms. (8) Answer is complete but not entirely correct. Price estimate $41.200(x)