Please answer the given financial question based on the context.
Context: the committee's assessment of other elements of compensation provided to the named executive officer . the corporate and business unit goals and objectives vary by individual officers and include , among other things , corporate and business unit financial performance , capital expenditures , cost containment , safety , reliability , customer service , business development and regulatory matters . the use of "internal pay equity" in setting merit increases is limited to determining whether a change in an executive officer's role and responsibilities relative to other executive officers requires an adjustment in the officer's salary . the committee has not established any predetermined formula against which the base salary of one named executive officer is measured against another officer or employee . in 2008 , on the basis of the market data and other factors described above , merit-based salary increases for the named executive officers were approved in amounts ranging from 3.2 to 5.2 percent . in general these merit-based increases were consistent with the merit increase percentages approved with respect to named executive officers in the last two years ( excluding adjustments in salaries related to market factors , promotions or other changes in job responsibilities ) . the following table sets forth the 2007 base salaries for the named executive officers , the 2008 percentage increase and the resulting 2008 base salary . except as described below , changes in base salaries were effective in april of each of the years shown . named executive officer 2007 base salary percentage increase 2008 base salary .
|named executive officer|2007 base salary|percentage increase|2008 base salary|
|j . wayne leonard|$ 1230000|5.0% ( 5.0 % )|$ 1291500|
|leo p . denault|$ 600000|5.0% ( 5.0 % )|$ 630000|
|richard j . smith|$ 622400|3.5% ( 3.5 % )|$ 645000|
|e . renae conley|$ 392000|4.0% ( 4.0 % )|$ 407680|
|hugh t . mcdonald|$ 311992|3.2% ( 3.2 % )|$ 322132|
|joseph f . domino|$ 307009|3.5% ( 3.5 % )|$ 317754|
|roderick k . west|$ 276000|13.75% ( 13.75 % )|$ 315000|
|theodore h . bunting jr .|$ 325000|5.2% ( 5.2 % )|$ 341900|
|haley fisackerly|$ 205004|32.9% ( 32.9 % )|$ 275000|
|carolyn shanks|$ 307009|3.3% ( 3.3 % )|$ 317140|
|jay a . lewis|$ 207000|3.24% ( 3.24 % )|$ 213707|
in addition to the market-based and other factors described above , the following factors were considered by the committee with respect to the officers identified below : mr . leonard's salary was increased due to the personnel committee's assessment of , among other things , his strong performance as chief executive officer of entergy corporation , entergy corporation's financial and operational performance in 2007 and comparative market data on base salaries for chief executive officers . in may , 2008 , carolyn shanks resigned as ceo - entergy mississippi and accepted a conditional offer of employment at enexus energy corporation . upon her resignation , mr . fisackerly was promoted to president and ceo of entergy mississippi , and mr . fisackerly's salary was increased to reflect the increased responsibilities of his new position and comparative market and internal data for officers holding similar positions and performing similar responsibilities . in the third quarter of 2008 , mr . bunting took on the role of principal financial officer for the subsidiaries replacing mr . lewis in that position . in the third quarter of 2008 , mr . lewis assumed a position with enexus energy corporation . mr . west's salary was increased to reflect his performance as ceo - entergy new orleans , the strategic challenges facing entergy new orleans and the importance of retaining mr . west to manage these challenges and to retain internal competitiveness of mr . west's salary with officers in the company holding similar positions. .
Question: what is the difference between the highest and the lowest base salary in 2007?


Answer: The answer is:1024996.0