SUB has produced the first unit of a new line of minisubs at a cost of 500,000. Exactly $200,000 of this is for materials and $300,000 for labor. SUB has agreed to accept a 10 percent profit, based on cost, and it is willing to contract on the basis of a 70 percent learning curve. What will be the contract price for three minisubs? (Assume that the cost of materials does not change.)