Waggle Corp decides it's going to engage in a complete liquidation. At the time of the liquidation is has assets with a FMV of $5,000,000 and a Basis of $4,000,000. The shareholders have a total basis in their stock of $3,000,000. You can assume the shareholders face a 15% tax rate on any long-term capital gains. Required: How much will more after-tax cash will Waggle's shareholders have available if they simply sell their shares to other individuals (at a price equal to the FMV of the company's assets) instead of the company selling all of the assets and then distributing them to the shareholders.