Bank of Greensil has liabilities of $5.4 million with an average maturity of two years paying interest rates of 4.0 percent annually. It has assets of $6.4 million with an average maturity of 5 years earning interest rates of 6.7 percent annually. What is the bank's net interest income in dollars in year 3, after it refinances all of its liabilities at a rate of 5.4 percent?