Trans Company, a dealer in machinery and equipment, leased equipment to Dust, Inc., on July 1, 2018. The lease is appropriately accounted for as a sales-type lease by Trans and as a finance lease by Dust. The lease is for a 10-year period (the useful life of the asset) expiring June 30, 2028. The first of 10 equal annual payments of 828,000 was made on July 1, 2018. Trans had purchased the equipment for 5,250,000 on January 1, 2018, and established a list selling price of 7,200,000 on the equipment. Assume that the present value at July 1, 2018, of the rent payments over the lease term discounted at 8% (the appropriate interest rate) was 6,000,000. What is the amount of profit on the sale and the amount of interest revenue that Trans should record for the year ended December 31, 2018?