Gomez, Inc. began work in 2018 on contract #3814, which provided for a contract price of $2,200,000. Other details follow: 2018 2019 Costs to date 640,000 1,750,000 Estimated costs to complete 960,000 0 Billings during the year 420,000 1.780,000 Collections during the year 350,000 1,850,000 Assume that Gomez uses the cost-recovery method of accounting. The portion of the total gross profit to be recognized as income in 2019 is