Answer: The profit from 2021 = $ -1.16 Million ($1.16 Million loss)
Explanation:
Profit for 2022 = $ 1.38 Million
Profit for 2021 = Profit for 2022 - $ 2.54 Million
Algebraic equation:
p2021 = p2022 -$ 2.54 Million
p2021 = $ 1.38 Million - $ 2.54 Million
p2021 = $ -1.16 Million