During 2024, Museum Cоmpаny stаrted а cоnstructiоn project with a contract price of $2,300,000. The following information was available for the project: 2024 2025 2026 Cost incurred to date $350,000 $828,450 $1,070,000 Estimated costs to complete 650,000 355,050 - Billings to Date 300,000 900,000 1,600,000 Collections to Date 270,000 810,000 1,425,000 What amount of Gross Profit will Museum Company record on their 2025 income statement? (Round all intermediate calculations to whole dollars)