Your not using the correct site. Yours is a wsu site. That is a university. You need to go to the state government site. Do not bring in tansy. They keep a look out for it and will fine you.
Land at 15,000 and fred at year 0 pays 7,000 ; who is going to pay the rest? Fred may get the dividend in year 1, right now its at 900.oo. your numbers dont work out right.