Chips Direct manufactures and sells its semiconductors through independent distributors. Chips Direct grants these distributors the right of return of they're unable to sell the semiconductors to an end user. Due to uncertainties, Chips Direct recognizes revenue after distributors sell the merchandise. During 2013, Chips Direct sold $2,310,000 of semiconductors to Dale Distribution Specialists. The cost to manufacture these semiconductors for Chips Direct was $1,362,900. During 2013, Dale Distribution Specialists sold 60% of the semiconductors purchased from Chips Direct to end users. How much gross profit should Chips Direct recognize during 2013 related to these sales? (Round percentages to the nearest whole amount Round your answer to the nearest dollar amount.) $817740 $947100 $568.260 51862.900