Dalton Construction Co. contracted to build a bridge for $6,000,000. Construction began in 2010 and was completed in 2011. Data relating to the construction are Costs to date 2010, $2,500,000 2011, S4,200,000 Estimated costs to complete 2010, 1,500,000 2011 zero Dalton uses the percentage-of-completion method. How much gross profit should be reported for 2011