Jose, a married taxpayer, has successfully built his property development company and he is interested in further expanding his real estate portfolio. As a result of a thorough investigation into a new block of properties, Mason settled and acquired a nonresidential building on September 19, 2020, for $1,000,000. The was building was subsequently sold on June 21, 2021, for $1,200,000. What was the adjusted basis of the building at the time of the sale? Round your answer to the nearest dollar. Group of answer choices 

$1,000,000 

$992,510 

$980,758