Mar Co. is a construction company. In 2016, it entered into a two-year contract to construct a building for $3,000,000. It estimtated that actual cost will be $2,500,000. Actual cost in 2016 are $1,500,000, In 2017, actual cost are $800,000. What income does Mar Co. report in 2016 and 2017 under the completed contract and percentage-of-completion methods?