In a 400,000 square foot shopping mall, clothing retailer Abercrombie & Fitch signs a lease to occupy 8,000 square feet of space. If the mall has the following expenses:Annual insurance policy of $600,000An assessed property tax value of $80 million tax and the county charges a millage rate of 250 BP with no discount for early prepaymentAnd the annual Common area maintenance for the building is $7 per square footAt what gross rent amount year one is the mall indifferent to signing a triple net lease at $25 per foot annually?