Big Fish Inc. is acquiring Little Fish Ltd. Big Fish's share price is $10 and Little Fish's share price is $2. Both firms have 1 million shares outstanding. Big Fish expects a discounted synergistic value of $1 million from the merging of operations of the two firms. If Big Fish pays cash of $2.2 million to Little Fish's shareholders, what is the NPV of the acquisition? (The answer is NOT $800,000)

a. $1,600,000 b. $1,000,000 c. $1,200,000 d. $800,000 e. $1,400,000