A plain-vanilla note from a particular issuer carries a coupon rate of 7%. The firm issues a CLN with a coupon of 4%. The CLN contains an implicit call option on the S&P GSCI (currently at $1,500) with a strike price set 10% out-of-the-money, at 1,650. How much would the CLN distribute as a principal payment on a $1,000,000 note if the S&P GSCI value at the notes maturity is $1,750?