Suppose Elizabeth Entrepreneur (EE) raises her first round of venture capital investment from Very Good Venture Capitalists (VC) in order to grow her company, University Food, Inc. (UFI) VC invests $2.6 million for 30% of the company on an "as converted basis" in Convertible Preferred Stock with a liquidity preference of 2.0x, and receives 4 million shares in UTI. What would be the payout to VC if the company is sold 4 years after the investment for $ 7.2 million?