1(a): You are the operations manager at your firm. Due to a pre-existing contract, you have the opportunity (but not the obligation) to acquire 30,000 barrels of gasoline and 50,000 barrels of heating oil for a total cost of $7,500,000. The current market price of gasoline is $2.0785 per gallon and for heating oil is $93.08 per barrel. One barrel = 42 gallons. You are not sure that your firm needs all of the gasoline or heating oil. As a result, you are wondering if you should take this opportunity.

What is the value of this opportunity in dollars? (do not include any symbols, such as $, in your response).