Carl Hightop, a popular basketball player, has been offered a two-year salary deal. He can either accept $3,100,000 now or accept quarterly amounts of $390,000 payable at the end of each quarter. If money can be invested at 3.5% compounded monthly, which option is the better option for Carl and by how much? The option is better by $0. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)