Marble Construction estimates that its WACC is 10% if equity comes from retained earnings. However, if the company issues new stock to raise new equity, it estimates that its WACC will rise to 10.9%. The company believes that it will exhaust its retained earnings at $2,500,000 of capital due to the number of highly profitable projects available to the firm and its limited earnings. The company is considering the following seven investment projects:

Project	Size			IRR
A		$ 670,000		14.1	%
B		1,070,000		13.2
C		1,050,000		10.3
D		1,240,000		10.5
E		540,000		10.6
F		670,000		11.8
G		650,000		11.6

Assume that each of these projects is independent and that each is just as risky as the firm's existing assets. Which set of projects should be accepted?

Project A	Accept/ do not accept
Project B	Accept/ do not accept
Project C	Accept/ do not accept
Project D	Accept/ do not accept
Project E	Accept/ do not accept
Project F	Accept/ do not accept
Project G	Accept/ do not accept

What is the firm's optimal capital budget? Round your answer to the nearest dollar.

$