At the end of year 0, FreshGo acquired YogurtToday at $30 million, including $5 million YogurtToday's debt. FreshGo expects about $500,000 every year synergy from cost savings and cross-selling starting starting from the third year after closing (year 3). After the merger, the cost of capital of the combined first is 5.16% and the tax rate is 40%. 

Assuming the free cash flow from synergy will remain at this level in perpetuity (as a going concern), estimate the after tax present value of the anticipated synergy (in $1,000).