Michael Company provided the following information about accounts receivable on December 31, 2020:

0-60 days outstanding6,000,0005% uncollectible

61-120 days outstanding4,500,00010% uncollectible

Over 120 days outstanding5,000,0001,250,000 uncollectible

During 2020, the entity wrote off 700,000 in accounts receivable and recovered 300,000 that had been written off in prior years. On January 1, 2020, the allowance for uncollectible accounts was 500,000.

Under the aging method, what amount of uncollectible accounts expense should be reported for 2020?