Granite Capital acquires 30% of Bluestone Analytics for $15 million. Bluestone's book value is $40 million. Equipment (5-year remaining life) has a fair value $4 million above book value, and a customer list (10-year life) has a fair value of $6 million (book value $0). In Year 1, Bluestone reports net income of $8 million and pays $2 million in dividends. What is Granite's equity income for Year 1?