Kaleidoscope Magazine plans to publish a new magazine targeted to college level students. The magazine will sell at a retail price of $7.00. Variable costs are estimated to be $1.60 per copy, with variable selling and distribution costs amounting to $0.40 per copy. The publishers of Kaleidoscope expect to incur fixed costs of $300,000. The magazine industry expects to sell 2,000,000 magazines this year. What is the breakeven volume?