On March $17,$ Advanced Technologies developed a patent related to laser surgery techniques. They spent $$1,300,000$ to develop the patent internally, consisting of personnel $($$$850,000),$ equipment $($$$330,000),$ and materials $($$$120,000).$ The company also had the following additional costs: $$30,000$ in legal fees associated with the purchase and filing of the patent, $$45,000$ to advertise its new laser surgery techniques, and $$55,000$ to train employees.

What is the recorded cost of the patent?

Total capitalized cost