Madison is keeping track of the water level in the pond by her house. She measures its depth Monday morning and it is 8 1/2 feet deep. Monday afternoon, it rains and the water level increases by 7 inches. Tuesday was a very hot day, so some of the water evaporated and the water level goes down 2 inches. Wednesday, it rains hard all day and the water level goes up by another 1 1/4 foot. How deep is the water level Thursday morning?