Your project exceeded costs in the past caused by an underestimation of resource costs in the cost baseline:
PV: $1,200,000,
EV: $1,000,000,
AC: $1,200,000
You expect the underestimation to influence the future as much as it did in the past.
If the value of the remaining work (BAC – EV) is at $1,000,000, what should be your new EAC (estimate at completion)?