A corn syrup manufacturer sells their corn syrup for $2.00 per bottle and plans to sell 1 million bottles in 1 year. The company's operating costs total $1 million. The company needs to purchase 50,000 bushels of corn to develop their product. What is the company's total profit if they purchase options with a premium of $2.15 per bushel and a strike price of $1.70 per bushel? Assume the spot price of corn in 1 year is expected to be $1.80 per bushel. Round to the nearest dollar