An All$-$Pro defensive lineman is in contract negotiations. The team has offered the

following salary structure:

All salaries are to be paid in a lump sum. The player has asked you as his agent to

renegotiate the terms. He wants a $$9\mathrm{.}8$ million signing bonus payable today and a

contract value increase of $$1,800,000.$ He also wants an equal salary paid every three

months, with the first paycheck three months from now. If the discount rate is $5\mathrm{.}3$ percent

compounded daily, what is the amount of his quarterly check? Assume $365$ days in a

year. $($Do not round intermediate calculations and enter your answer in dollars, not

millions of dollars, rounded to $2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89.)$