| HIP | DESCRIPTION | CONSIGNOR | FINAL BID | PURCHASER |
|---|---|---|---|---|
| Volupia (ARG), 1994 gr./ro.m., Ski Champ - Najera {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$210,000 | Shadai Corporation |
|
| Acquired Merit, 1989 ch.m., Woodman - Varsity Hostess {Mortlock (FR)} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$14,000 | Luis F. Bouza, Agent |
|
| Appian Road, 1992 gr.m., Relaunch - Trolling {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
Withdrawn | ||
| 1997 b.m., Cox's Ridge - Brasilia {Mortlock (FR)} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$7,500 | Joanne Walker-Ng | |
| Classy Lass, 1993 dk.b./br.m., Lord Avie - Magic Sister {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$85,000 | Dr. John R. Piconi |
|
| Clever Bidder, 1980 b.m., Bold Bidder - Farouche {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$24,000 | Meadowbrook Farms, Inc. |
|
| Dama, 1994 ch.m., Storm Cat - Maybe a Kiss {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$32,000 | Mr. Omar Trevino, Agent |
|
| Dragline Silk, 1995 dk.b./br.m., Bertrando - Gain a Buck |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$40,000 | Ms. Sharon Hudon | |
| Dual Agent, 1986 ch.m., Miswaki - Foxyphyllis {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$40,000 | Martin J. Wygod | |
| Excessability, 1996 b.m., In Excess (IRE) - Casolina |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$20,000 | Russ or Katie Lovingier |
|
| Express Star, 1986 b.m., Baldski - Faneuil Lady {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$40,000 | Mr. Peter Vegso | |
| Gain a Buck, 1989 dk.b./br.m., Spend a Buck - Loss Or Gain {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
Withdrawn | ||
| Good Secretary, 1996 ch.m., Deputy Minister - Pretty Secretary {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$135,000 | Hollywood Bloodstock |
|
| 1997 b.m., Clever Trick - Greatly Shocked {Mortlock (FR)} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$13,000 | Mike Abraham | |
| Halo My Darlin, 1989 ch.m., Halo - La Lorgnette {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
Withdrawn | ||
| Lily's Jade, 1996 gr./ro.m., Cozzene - Sweet Lassie (FR) {Benchmark} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$31,000 | Romajuby Thoroughbreds, LLC |
|
| Miss Kincaid, 1994 ch.m., Storm Cat - Express Star |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
Withdrawn | ||
| Morepheme, 1991 b.m., Rahy - Deliver {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$115,000 | Mr. David L. Parks |
|
| Myapologiestoher, 1988 dk.b./br.m., Interco - Gentle Hands {Benchmark} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$30,000 | Martin J. Wygod | |
| Negative Pledge, 1989 dk.b./br.m., Alleged - Laredo Lass {Mortlock (FR)} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$80,000 | Hollywood Bloodstock |
|
| River Lassie, 1988 dk.b./br.m., Irish River (FR) - Pale Purple {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$40,000 | Dr. John R. Piconi |
|
| Saragossa Strait, 1996 dk.b./br.m., Bertrando - Childhood Memories {Mortlock (FR)} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$45,000 | Hollywood Bloodstock |
|
| Snowing, 1986 gr./ro.m., Icecapade - Heavenly Cause {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
Withdrawn | ||
| Sparkling Account, 1984 b.m., Private Account - Sparkling {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$55,000 | Mr. John J. Zamora |
|
| Specific Gravity, 1992 ch.m., Afleet - Sparkling Account {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$65,000 | Martin J. Wygod | |
| Storm Celine, 1991 dk.b./br.m., Storm Cat - Flauntless {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$85,000 | Mr. Eugene Melnyk |
|
| The Hyacinth Girl, 1997 b.f., Bertrando - Morepheme {Mortlock (FR)} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$14,000 | Randy Treadaway | |
| Too Much Glitz, 1995 b.m., Glitterman - Flight to Rome {Mortlock (FR)} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$22,000 | Mr. Nick Cafarchia |
|
| Trinitrim, 1996 dk.b./br.m., Bertrando - Nervous Neala {Mortlock (FR)} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$15,000 | Luis F. Bouza, Agent |
|
| Unreal City, 1996 b.f., Citidancer - Noumea {Mortlock (FR)} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$13,000 | Greg and Terri Latteri |
|
| Up Her Sleeve, 1990 ch.m., Secreto - Deuces Over Seven {Bertrando} |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
Withdrawn | ||
| Mortlock (FR), 1993 b.h., Danehill - Pollenka |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$37,000 | Mr. John M. Veitch |
|
| Sepoy (ARG), 1985 ch.h., Cipayo - Menorca |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$4,000 | Mr. Pablo Campos | |
| Tamalpais, 1998 b.f., Bertrando - Clever Bidder |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$80,000 | Mr. John W. Sadler, Agent |
|
| Cliquot, 1996 dk.b./br.g., Bertrando - Pharapache |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$450,000 | Visionary Corp. | |
| Mistinguette, 1998 b.f., Devil's Bag - Cousin Margaret |
505 Farms (The Estate of Marhsall Naify), Narvick International, Agent |
$510,000 | Visionary Corp. | |
| Damn the Torpedoes, 1997 b.g., Cox's Ridge - Lady of Iron |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$70,000 | Mr. Ben Rochelle | |
| David Copperfield, 1997 b.c., Halo - Bannockburn |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$2,600,000 | Visionary Corp. | |
| 1998 ch.f., Mt. Livermore - Deliver |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$30,000 | Mr. Ben Rochelle | |
| Strategic Move, 1998 b.c., Tactical Advantage - Donna's Dolly |
505 Farms (The Estate of Marhsall Naify), Narvick International, Agent |
$80,000 | Hollywood Bloodstock |
|
| 1998 ch.f., Affirmed - Express Star |
505 Farms (The Estate of Marhsall Naify), Narvick International, Agent |
$42,000 | Brookdale Farm | |
| 1997 dk.b./br.c., Bertrando - Gain a Buck |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$30,000 | Mr. David J. Lanzman |
|
| Flying Fruitcake, 1998 b.c., Bertrando - Granse Oaks |
505 Farms (The Estate of Marhsall Naify), Narvick International, Agent |
$125,000 | Blue Field USA, Inc. |
|
| Half Moon Bay, 1996 dk.b./br.f., Bertrando - Ryn |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$125,000 | Francoise Dupuis, Agent |
|
| High Wire Act, 1996 b.g., End Sweep - Charming Fappiano |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$525,000 | Mr. Sid Craig | |
| Hook and Ladder, 1997 dk.b./br.c., Dixieland Band - Taianna |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$800,000 | Mr. Chester Broman |
|
| 1998 b.f., Silver Deputy - I'm in Celebration |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$170,000 | Mr. Beau Greely, Agent |
|
| I'm Persuaded, 1997 b.c., Deputy Minister - The Way We Were |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
Withdrawn | ||
| 1998 gr./ro.f., Bertrando - Inola Gray |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$100,000 | Mr. Bruno De Berdt, Agent |
|
| I've Decided, 1997 dk.b./br.g., Bertrando - Ryn |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$170,000 | Wallace Dollase, Agent |
|
| Kanerrerr, 1997 b.f., Danzig - Wedding Reception |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$425,000 | Darby Dan Bloodstock |
|
| Kew Garden, 1997 dk.b./br.f., Seattle Slew - Jeano |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$160,000 | Mr. Clark O. Brewster |
|
| Lacquaria, 1996 dk.b./br.f., Bertrando - Louisiana Flash |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$500,000 | Martin J. Wygod | |
| Lady of Situations, 1996 b.f., Bertrando - In the Sack |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$8,000 | Mr. Pablo Campos | |
| Lethal Instrument, 1996 b.c., Gulch - Running Redhead |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$425,000 | Mr. Sid Craig | |
| Lily's Lad, 1997 b.g., Bertrando - Pharapache |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$250,000 | Mr. and Mrs. J. S. Moss |
|
| Malabar Gold, 1997 dk.b./br.c., Unbridled - Stormy Spell |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$600,000 | Mr. B. Wayne Hughes |
|
| Manistique, 1995 dk.b./br.m., Unbridled - Astaire Step |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$3,000,000 | Aaron & Marie Jones |
|
| Matriculate, 1996 dk.b./br.g., Bertrando - Gain a Buck |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$52,000 | Mr. Frank L. Gaunt |
|
| 1998 dk.b./br.f., Storm Cat - Maytide |
505 Farms (The Estate of Marhsall Naify), Narvick International, Agent |
$400,000 | Mr. B. Wayne Hughes |
|
| Misconception, 1997 dk.b./br.g., Bertrando - Acquired Merit |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$50,000 | Mr. Frank L. Gaunt |
|
| 1998 b.f., Dehere - Mistletoe n Holly |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$20,000 | Mr. Robert Wright |
|
| 1998 b.c., Crafty Prospector - Morepheme |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$50,000 | Mr./Mrs. Barton D. Heller & Mr./Mrs. Donald Chaiken |
|
| Optical Solution (ARG), 1995 ch.m., Candy Stripes - Nanas Chance |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$110,000 | Mr./Mrs. Barton D. Heller & Mr./Mrs. Donald Chaiken |
|
| Dumaani's Dream, 1998 gr./ro.f., Dumaani - Peggy's Dream |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$20,000 | Sharon & Ed Hudon |
|
| 1998 dk.b./br.c., Bertrando - Pharapache |
505 Farms (The Estate of Marhsall Naify), Narvick International, Agent |
$600,000 | Martin J. Wygod | |
| Race Way Dragoon, 1997 b.g., Cryptoclearance - Team of Destiny |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$45,000 | Mr. Melvin F. Stute, Agent |
|
| Rimsky Korsakov, 1994 gr./ro.h., Relaunch - Astaire Step |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$95,000 | Sandra Salander & Jenny Craig |
|
| Theyanksarecoming, 1998 b.c., Lord At War (ARG) - Ryn |
505 Farms (The Estate of Marhsall Naify), Narvick International, Agent |
$160,000 | Mr. and Mrs. J. S. Moss |
|
| 1998 b.g., Crafty Prospector - Schematic |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$60,000 | Duncan Racing Stables & Tom Thorn |
|
| Creativity, 1998 ch.f., Notebook - She's Realistic |
505 Farms (The Estate of Marhsall Naify), Narvick International, Agent |
$80,000 | Miller T'Breds | |
| Shinnecock, 1997 dk.b./br.c., Wild Again - Aerturas (FR) |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$85,000 | Dewey H. and Marjorie A. Orrick |
|
| 1998 b.c., Silver Deputy - Slewveau |
505 Farms (The Estate of Marhsall Naify), Narvick International, Agent |
$220,000 | Mr. Sid Craig | |
| So Beware, 1997 ch.f., Mr. Greeley - Poundzig |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$95,000 | Charlie Mano | |
| Swept Overboard, 1997 gr./ro.c., End Sweep - Sheer Ice |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$700,000 | J. Paul Reddam | |
| 1998 b.f., Red Ransom - Taianna |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$80,000 | Elk Manor Farm | |
| Tambourine Man, 1995 dk.b./br.h., Bertrando - Robessa |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
Withdrawn | ||
| Tarheel Woman, 1997 ch.f., Rahy - Deliver |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$43,000 | Lovingier & Double Rich Stables |
|
| Taurus Rising, 1997 gr./ro.f., Holy Bull - Entrust |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$24,000 | A. G. Rock & B. J. Warner |
|
| Ten Cents a Dance, 1997 gr./ro.f., Two Punch - Feelin Better |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$65,000 | Mr. and Mrs. J. S. Moss |
|
| Thunder Fish, 1997 b.g., Bertrando - Childhood Memories |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$100,000 | Jenine Sahadi, Agent |
|
| 1998 b.f., Honour and Glory - Tippy Top |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$100,000 | Mr. Beau Greely, Agent |
|
| Wetsailinthesunset, 1998 ch.c., Housebuster - Wet Suit |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$22,000 | Duncan Racing Stables & Tom Thorn |
|
| Wing On Wing, 1997 b.g., Bertrando - Granse Oaks |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$85,000 | Bob Billan | |
| 1998 dk.b./br.c., Kris S. - Admise (FR) |
505 Farms (The Estate of Marhsall Naify), Narvick International, Agent |
$310,000 | Hollywood Bloodstock |
|
| Lend Me a Dream, 1998 b.f., Bertrando - Appian Road |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$50,000 | Mr./Mrs. Barton D. Heller & Mr./Mrs. Donald Chaiken |
|
| 1998 b.f., Thunder Gulch - Barbara Sue |
505 Farms (The Estate of Marhsall Naify), Narvick International, Agent |
$675,000 | Martin J. Wygod | |
| Revenescent, 1998 b.c., Mr. Prospector - Borodislew |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$110,000 | Blue Field USA, Inc. |
|
| No Approval, 1998 gr./ro.f., With Approval - Brasilia |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$90,000 | Wallace Dollase, Agent |
|
| Liberty Creek, 1999 dk.b./br.c., Bertrando - Appian Road |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$12,000 | G. D. Benavides | |
| 1999 dk.b./br.c., Talkin Man - Brasilia |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
Withdrawn | ||
| 1999 dk.b./br.c., General Meeting - Classy Lass |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$140,000 | Mr. and Mrs. J. S. Moss |
|
| 1999 b.f., Bertrando - Clever Bidder |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$100,000 | Martin J. Wygod | |
| 1999 dk.b./br.f., Mt. Livermore - Cousin Margaret |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$60,000 | Hollywood Bloodstock |
|
| 1999 ch.f., Silver Deputy - Crafty Devil |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
Withdrawn | ||
| 1999 b.f., Bertrando - Dual Agent |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$60,000 | Bob Naify | |
| 1999 ch.c., Gilded Time - Granse Oaks |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$20,000 | Triple Crown Bloodstock |
|
| 1999 b.f., Bertrando - Halo My Darlin |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$30,000 | Marsha J. Naify | |
| 1999 gr./ro.f., Bertrando - Main Gain |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$125,000 | Mr. and Mrs. J. S. Moss |
|
| 1999 dk.b./br.c., Bertrando - Miss Kincaid |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
Withdrawn | ||
| 1999 dk.b./br.c., Bertrando - Pharapache |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$160,000 | Hollywood Bloodstock |
|
| 1999 dk.b./br.f., Capote - Proud Encore |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$100,000 | Martin J. Wygod | |
| 1999 dk.b./br.f., Regal Classic - River Lassie |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$19,000 | Michael W. Herbert |
|
| 1999 dk.b./br.c., Bertrando - Specific Gravity |
505 Farms (The Estate of Marshall Naify), Narvick International, Agent |
$230,000 | Hollywood Bloodstock |
SALES RESULTS SUMMARY (DAY 1)
| HEAD | GROSS SALES |
SALE AVERAGE |
MEDIAN | NOT SOLD |
OUT | |
|---|---|---|---|---|---|---|
|
Broodmares |
25 | $1,270,500 | $50,820 | $40,000 | 0 | 6 |
|
Stallions |
2 | $41,000 | $20,500 | $20,500 | 0 | 0 |
|
Yearlings |
12 | $1,056,000 | $88,000 | $80,000 | 0 | 3 |
|
Two-Year-Olds |
25 | $4,184,000 | $167,360 | $90,000 | 0 | 0 |
|
Horses of Racing Age |
29 | $11,687,000 | $403,000 | $110,000 | 0 | 2 |
|
SESSION TOTAL |
93 | $18,238,500 | $196,113 | $80,000 | 0 | 11 |
TWENTY HIGHEST PRICES PRICE 58 MANISTIQUE, 1995 dk.b./br.m., Unbridled - Astaire Step $3,000,000 38 DAVID COPPERFIELD, 1997 b.c., Halo - Bannockburn $2,600,000 46 HOOK AND LADDER, 1997 dk.b./br.c., Dixieland Band $800,000 - Taianna 75 SWEPT OVERBOARD, 1997 gr./ro.c., End Sweep - Sheer Ice $700,000 87 1998 b.f., Thunder Gulch - Barbara Sue $675,000 57 MALABAR GOLD, 1997 dk.b./br.c., Unbridled - $600,000 Stormy Spell 66 1998 dk.b./br.c., Bertrando - Pharapache $600,000 45 HIGH WIRE ACT, 1996 b.g., End Sweep - Charming Fappiano $525,000 36 MISTINGUETTE, 1998 b.f., Devil's Bag - Cousin Margaret $510,000 53 LACQUARIA, 1996 dk.b./br.f., Bertrando - $500,000 Louisiana Flash 35 CLIQUOT, 1996 dk.b./br.g., Bertrando - Pharapache $450,000 51 KANERRERR, 1997 b.f., Danzig - Wedding Reception $425,000 55 LETHAL INSTRUMENT, 1996 b.c., Gulch - Running Redhead $425,000 60 1998 dk.b./br.f., Storm Cat - Maytide $400,000 85 1998 dk.b./br.c., Kris S. - Admise (FR) $310,000 56 LILY'S LAD, 1997 b.g., Bertrando - Pharapache $250,000 104 1999 dk.b./br.c., Bertrando - Specific Gravity $230,000 73 1998 b.c., Silver Deputy - Slewveau $220,000 1 VOLUPIA (ARG), 1994 gr./ro.m., Ski Champ - Najera $210,000 {Bertrando} 47 1998 b.f., Silver Deputy - I'm in Celebration $170,000
TOP TEN PURCHASERS HEAD GROSS AVERAGE Visionary Corp. 3 $3,560,000 $1,186,667 Aaron & Marie Jones 1 $3,000,000 $3,000,000 Martin J. Wygod 8 $2,110,000 $263,750 Mr. Sid Craig 3 $1,170,000 $390,000 Hollywood Bloodstock 8 $1,100,000 $137,500 Mr. B. Wayne Hughes 2 $1,000,000 $500,000 Mr. Chester Broman 1 $800,000 $800,000 Mr. and Mrs. J.S. Moss 5 $740,000 $148,000 J. Paul Raddam 1 $700,000 $700,000 Darby Dan Bloodstock 1 $425,000 $425,000
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