1)On 1 July 2022, Patel Ltd acquired all 4,340,000 shares in Kumar Ltd. As part of the purchase consideration, the shareholders of Kumar Ltd were offered 50 cents in cash for every four Kumar Ltd shares, plus three Patel Ltd shares for every five Kumar Ltd shares. At the date of acquisition, the share price of Kumar Ltd and Patel Ltd were $1.10 and $3.90, respectively.

What is the total purchase consideration?

Round your answer to the nearest whole number and do NOT include any symbols in your answer (e.g. $ , . ;).