Starr Enterprises plans to spend $6.2 million to build a new research facility that will be used to research and develop a prototype flying car with auto-pilot. The building will be built over a two-year period, with 60% of costs incurred in the first year and 40% in the second year. They expect the flying car project to be complete in 20 years after the completion of the building, and they hope to sell the building at the end of the project for $5.7 million. How much of the building costs should they expense in the second year of construction?

$310,000

$2,480,000

$281,818

$0

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