Currency Forward Cost Calculation

ABC Corporation, a U.S. company, is planning to purchase 5 million euros in three months for an expansion project in Europe. The current spot exchange rate is 1.10 USD/EUR, and the three-month forward rate is 1.12 USD/EUR. ABC Corporation would like to hedge its foreign exchange risk using a currency forward contract.

What will be the total cost in USD for ABC Corporation if they enter into a forward contract to purchase euros?