A company has made a profit of $10 Million. It is considering the following investments:

Project A: Initial Investment of $2 Million and IRR of 15%

Project B: Initial Investment of $3 Million and IRR of 10%

The cost of capital is 12% and the company has target capital structure of 60% Debt and 30% Equity. Calculate the Dividend Amount if the compamy follows Residual Divident Policy.