POM Bakery is considering replacement of a custard injecting machine with a new high$-$speed injector, which can fill twice as many cakes per hour as the old machine. The existing injection machine was purchased $2$ years ago for $$4$M$.$ It could be sold today for $$2$M and its expected salvage value in three years is $$0\mathrm{.}5$M$.$ The injectors are in Class $43$ with a$30\%$ depreciation rate. The new custard injector costs $$4$M$.$ The new machine will be sold for $$1\mathrm{.}5$M at the end of $3$ years. The new machine will increase EBITDA by $$700,000$ per year. The company$$s tax rate is $40\%$ and its cost of capital is $12\%.$

What is the free cash flow in the terminal year $($three years after replacement$)?$

$($Round your answer to the nearest dollar.$)$