Bye-Low, Inc., a contractor with $21 million of gross receipts, uses the completed contract method of accounting for income from office construction contracts for regular tax purposes. One contract began in 2017, was completed in 2018, and earned $1.6 million. At the end of 2017, 45% of the work on the contract had been completed. Calculate Bye-Low's income from the contract for regular tax and AMT purposes, as well as the required AMT adjustments, if any.