Trim Inc offers to buy 100% of the equity shares of A Co from its three owners. The purchase price will be $7 million, made up of 1.5 million new shares of Trim Inc and $2 million in 10% loan notes. The annual profits before tax of A Co have been $1 million for each of the past three years, after making suitable adjustments for directors' salaries and differences in accounting policies, and this level of profits is expected to continue after the takeover by Trim.

Assuming no synergy as the result of the acquisition, by how much will the earnings of Trim be expected to increase next year, when the profits of A Co are taken into account? Tax is 30%. (in number format).