Hoven Corporation issued common stock with a par value of $600,000 and a fair value of $800,000 to acquire all the outstanding shares of Lead Company in a business combination. The Hoven Corporation reported assets of $2,000,000 and liabilities of $542,000 immediately before the business combination. Lead Company's assets and liabilities had book values of $460,000 and $187,000, respectively. The fair values of Lead's assets and liabilities were $600,000 and $188,000, respectively. What amount should be reported as total assets of the combined entity immediately following the business combination?