In January 1984, Richard "Goose" Gossage signed a contract to play for the San Diego Padres that guaranteed him a minimum total of $13,067,000.00. The guaranteed payments were:
$855,000.00 for 1984
$928,000.00 for 1985
$1,124,000.00 for 1986
$1,219,000.00 for 1987
$629,000.00 for 1988
$724,000.00 for 1989

In addition, the contract called for $7,588,000.00 in deferred money payable at the rate of $324,000.00 per year from 1990 through 2006 and then $208,000.00 per year from 2007 through 2016. (NOTE: the $ figure given here ($7,588,000.00) is simply the sum of all the remaining annual payments to be made over time.)

If the relevant interest rate is 15 percent APR, compounded annually, and all payments are made on July 1 of each year, what would the present value of these guaranteed payments be on January 1, 1984?