Kingmaker Kitchen Supplies, an artisan pots and pans retailer, offers a 90-day return policy on all items. Kingmaker sold $4,000,000 pots and pans in 2020, and historically 2% of pots and pans sold are returned. Pots and pans generate a 27% gross margin percentage. How much total gross margin should Kingmaker report in its 2020 income statement? Round to the nearest whole number