Mar Co. is a construction company. In 2016, it entered into a two-year contract to construct a building for $3,000,000. It estimated that actual costs will be $2,500,000. Actual costs in 2016 are $1,500,000. IN 2017, actual costs are $800,000.

What income do Mar Co. report in 2017 under the completed contract and percentage-of-completion methods?

This was already posted once but the answer is not based on the numbers given by the person asking the question. I appreciate the help to double check my numbers!