ABC Corporation has invested in 30% of DEF Inc., which is classified as an associate. According to the equity method of accounting, ABC Corporation must recognize its proportionate share of DEF Inc.'s profits or losses in its own financial statements. In the most recent fiscal year, DEF Inc. reported a net income of $1,000,000. What amount should ABC Corporation report as its share of earnings from DEF Inc. in its income statement for the fiscal year?