Q Town is one of the many places in Australia producing strawberries. Annually, farmers in Q Town is able to produce 2.51 million kilograms(kg) of strawberries. Being a small town, residents of Q Town only consume 1.40 million kg of strawberries produced locally. The remaining 1.11 million kg are imported to the rest of Australia and sold at a market-clearing price of $3 per kg.

1. When the domestic supply and demand for strawberries in Q Town are equal, the market is? . Type E for in Equilibrium, M for needing More growers, U for Unable to make a conclusion or P for totally impossible and only theoretical.
2. Farmers in Q Town recently felt that the cost of growing strawberries is increasing. They decided to lobby and pressure the government to implement a price floor of $4.30 per kg of strawberries. If the price floor is implemented, it is expected that the quantity demanded for strawberries will drop to 2.23 million kg. It is given that the opportunity cost of producing the last kg of strawberries at 2.23 million kg is $1.50 per kg. Assuming the price floor is successfully implemented, what is the amount of consumer surplus being converted to producer surplus when the price is increased from $3 per kg to $4.30 per kg? $ million. Answer in millions to two decimal places.