Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
Round 1 of 70, and a Money ($) larger than 500,000 has the highest year?

### Inputs:
table_name: table, columns: ['Year', 'Round 1', 'Round 2', 'Place', 'Money ($)']

### Response:
SELECT MAX Year FROM table WHERE Round 1 = 70 AND Money ($) > 500,000