An All-Pro defensive lineman is in contract negotiations. The team has offered the following salary structure:

Time	Salary
0	$	6,500,000
1	$	5,100,000
2	$	5,600,000
3	$	6,100,000
4	$	7,500,000
5	$	8,200,000
6	$	9,000,000

All salaries are to be paid in lump sums. The player has asked you as his agent to renegotiate the terms. He wants a $10 million signing bonus payable today and a contract value increase of $2,000,000. He also wants an equal salary paid every three months, with the first pay cheque three months from now. If the interest rate is 5.5% compounded daily, what is the amount of his quarterly cheque? Assume 365 days in a year.