Collison and Ryder Company (C\&R) has been experlencing declining market conditions for its sportswear division. Management decided to test the assets of the division for possible impairment. The test revealed the following: book value of division's assets, $27.5 million; fair value of division's assets, $21.5 million; undiscounted sum of estimated future cash flows generated from the division's assets, $24.5 million. What amount of impalrment loss should C\&R report in its income statement? Note: Enter your answer in millions rounded to 1 decimal place (i.e., 3,300,000 should be entered as 3.3)