Firm A is considering a merger/acquisition with Firm B.

Firm A:

Market value of debt: $2 million

Market value of equity: $4 million

Number of shares: 200,000

Firm B:

Market value of debt: $5 million

Market value of equity: $5 million

Number of shares: 500,000

Investment rate for the combined firm (bA+B): 70%

WACC for the combined firm (WACCA+B): 10%

Total net operating income before synergy gain: (X): $3 million

Synergy rate (a): 15%

Corporate tax rate (T): 40%

Growth rate for the combined firm (g): 14.4%

Number of years for the growth: 10

According to the Weston/Copeland model, what is the total synergy gain from the merger?