Currency Forward Contract Payment Calculation

A South American company plans to purchase equipment from a European supplier for €500,000, with the payment due in 6 months. The current spot exchange rate is 1.20 USD/EUR, and the 6-month forward exchange rate is 1.25 USD/EUR. The company is considering entering into a currency forward contract to hedge against potential depreciation of the Euro relative to the USD.

If the company enters into a forward contract, what would be the total amount in USD it needs to pay at the end of 6 months?