Assume the following: Sales price and cost of a property are $3,000,000 and $2,100,000, respectively, so that the total profit to be recognized is $900,000. Seller received a down payment of $400,000 cash, with the remainder of the sales price to be received over a 10-year period. There is significant doubt about the ability and commitment of the buyer to complete all payments. How much profit will be recognized attributable to the down payment if the installment method is used (in dollars)? For example, if your answer is $250,000, enter 250000 in the box below. Answer: