On January 1, 2014, The Miller Corporation purchased 300,000 shares of The Mayfair Corporation for \($5.7\) million. The investment represented 25 percent of The Mayfair Corporation’s outstanding common shares. During 2014, Mayfair reported net earnings of \($2.25\) million and paid a cash dividend of \($0.15\) per share. During 2015, Mayfair reported a net loss of \($180,000\) and again paid a dividend of \($0.15\) per share. Calculate the book value of Miller’s investment in Mayfair as of December 31, 2014, and December Sk ONS.