The following financial information belongs to Sun Company on December 31, 2019: Supplies $240,000 $2,000,000 Revenues Sun Capital Equipment 400,000 640,000 Advertising expense Cash 80,000 1,200,000 880,000 80,000 Accounts payable Drawings 400,000 Salaries expense Utilities expense 320,000 Accounts receivable Rent expense 240,000 80,000 Required: What is the ending capital on December 31, 2019