Roanoke Ventures invested in Donor Finder through their Roanoke Venture Fund III, which had $70 million of capital to invest. Roanoke Ventures, the general partner, contributed $8 million of Roanoke Venture Fund IIIs capital and then raised $62 million from other investors, who were the limited partners in the fund and agreed to pay a 17.5% carried interest to the general partner. If the general partner receives a 2% fee from the limited partners each year, how much would that fee total (in dollars) per year?