2Haft Construction Co. has consistently used the input method based on costs incurred to measure progress toward completion of the project. On January 10, Year 3, Haft began work on a $3 million construction contract. At the inception date, the estimated cost of construction was $2,250,000. The following data relate to the progress of the contract: Gross profit recognized at 12/31/Yr 3 $ 300,000 Costs incurred 1/10/Yr 3 through 12/31/Yr 4 1,800,000 Estimated cost to complete at 12/31/Yr 4 600,000 In its income statement for the year ended December 31, Year 4, what amount of gross profit should Haft report