All-Weather Walks is a lucrative paving stone installation business that operates from about April to October each year. Clients arrange for their own paving stones and All-Weather is contracted to provide the installation. The company has an outstanding reputation for the quality of its work and as a result pre-books customers a full year in advance. Customers must pay 40% at the time of booking and the balance on the completion date of the job. All-Weather records the 40% cash advance received from customers in the Unearned Revenues account. The December 31, 2014, balance sheet shows Unearned Revenues totalling $1,360,000. During 2015, $2,875,000 of cash was collected in total from customers: $2,070,000 regarding work completed during the year for customers who paid 40% down in 2014, and the balance representing the 40% prepayments for work to be done in 2016.
Determine the balance in Unearned Revenue at December 31, 2015. (Round your answer to the nearest whole dollar amount.)