Loewe Co$.$ adopted LIFO on Jan. $1,2022$ with inventory of $$8,000,000.$ Loewe will continue to use FIFO for internal reporting purposes and for external reporting purposes will convert FIFO results to LIFO using the Dollar Value LIFO method. During $2022,$ inventory purchases amounted to $$4,500,000$ and sales revenues in $2022$ totaled $$8,900,000.$ At Loewe's $\frac{12}{31}\frac{?}{2022}$ fiscal year end, the ending inventory under FIFO $($at current costs$)$ was $$9,101,500,$ and the price index was $1\mathrm{.}09.$ What is the gross profit that Loewe will report on its $2022$ income statement?

$\backslash$table$[[$Gross Profit,$]]$