Marble Construction estimates that its WACC is $11\%$ if equity comes from retained earnings. However, if the company issues new stock to raise new equity, it estimates that its WACC will rise to $11\mathrm{.}6\%.$ The company believes that it will exhaust its retained earnings at $$2,400,000$ of capital due to the number of highly profitable projects available to the firm and its limited earnings. The company is considering the following seven investment projects:

Project Size IRR

A $ $650,00013\mathrm{.}8\%$

B $1,100,00013\mathrm{.}8$

C $990,00011\mathrm{.}3$

D $1,250,00011\mathrm{.}2$

E $500,00011\mathrm{.}5$

F $650,00012\mathrm{.}1$

G $650,00012\mathrm{.}2$

Assume that each of these projects is independent and that each is just as risky as the firm's existing assets. Which set of projects should be accepted?

Project A

accept

Project B

accept

Project C

don't accept

Project D

don't accept

Project E

don't accept

Project F

accept

Project G

accept

What is the firm's optimal capital budget? Round your answer to the nearest dollar.

$