$1.$ Bean$-2-$Bar Co$.$ is a farming corporation that grows and sells cacao. The company is publicly traded on the stock market: however, management prefers to use variable costing for decision$-$making purposes. The company's books are adjusted to arrive at Absorption Income for financial reporting purposes. The company reported the following financial information for the past month:

Variable Net Income: $$2,000,000$

Sales: $5,000$ truckloads of cacao

Fixed manufacturing costs rate per truckload: $$500$

Variable SGA costs per truckload: $$100$

Fixed SGA costs $($overall$)$: $$200,000$

The company tracks harvested crops that have not yet been shipped out as $"$in$-$process.$$ This inventory of cacao increased from the equivalent of $50$ full truckloads at the beginning of the month to $70$ full truckloads at the end of the month.

What was Absorption Net Income?