Under a quota-share treaty for reinsurance, the cading insurer and the reinsurer agree to share premiums and losses based on some proportion. Let's assume that Axis and Montpelier Re enter inte a quota-share arrangement under which both losses and premiums under a property insurance program are shared propartionally at 30/70. A plant explosion takes place, resulting in a covered loss under the property insurance program of $2,500,000.00 Axis pays $2,500,00o.00 to the insured. What amount will Axis be reimbursed by Montpelier Re? NOTE: Please be sure to submit your answer as a whole number (no decimal places), formatted using commas and no dellar sign. EXAMPLE: 2,000,000