An All-Pro defensive lineman is in contract negotiations. The team has offered the following salary structure:

Time ....................Salary
0 ..................$10,000,000
1 ......................7,400,000
2 ......................7,400,000
3 .....................7,700,000
4 .....................8,500,000
5 ...................10,400,000
6 ...................11,900,000

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 signing bonus of $13 million payable today and a contract value increase of $3.5 million. He also wants an equal salary paid every three months, with the first paycheck three months from now. If the interest rate is an APR of 5 percent compounded daily, what is the amount of his quarterly check? Assume 365 days in a year.