How do I correct this column formula?

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=IF(AND((ISBLANK([Item 2 Mob Mark-up 8%])),(ISBLANK([ Item 3 Mob Min P-621 Runway]))),11000,"")

I am asking it to look at two @row cells to see if they are blank, if so enter 11000, if not leave it blank. It seems so simple but every time I get an error.

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