An analyst gathers the following information about a hedge fund established at the beginning of Year 1:

Assets under management (AUM), beginning of Year 1	$100 million
AUM, end of Year 1	$125 million
AUM, end of Year 2	$110 million
Management fee (calculated on end-of-year AUM)	2%
Performance fee above high-water mark (calculated net of fees)	20%

The cumulative fee (in $millions) earned by the hedge fund manager for the two years is closest to: