On November $15,2023,$ Victoria purchased the rights to a coal mine for $$10,000,000.$ At that time, it was estimated that the recoverable units would be $200,000.$ During the year, $10,000$ units were mined and $7,000$ units were sold for $$2,800,000.$ Taxable income $($before the allowance for depletion$)$ was $$1,000,000.$ The percentage depletion rate disclosed on the IRS website is $22\%.$ Determine Victoria's depletion deduction for $2023$ using the percentage of depletion method.

$($Do not use commas or dollar signs. Round to the nearest dollar.$)$

A

This is for individual income tax class please use correct taxt bracket. Thank you.