A firm issues debt of $$6$ million at an interest rate of $7\%.$ The debt has a $7-$year maturity, and the first interest payment is due next year. The principal repayment and the last interest payment will be made at the end of year $7.$ If the firm is in the $35\%$ tax bracket and the appropriate discount rate is $9\%,$ what is the present value of the tax savings? Round your answer to the nearest dollar.

$739,844$

$503\mathrm{.}295$

$1,114,380$

$2,100,000$