A company expects the following results for Year 1. Sales $2,000,000 Cost of goods sold 1,200,000 Indirect costs 400,000 Earnings before interest and taxes $ 400,000 The controller is preparing a forecast for Year 2 using the following assumptions. Unit sales growth: 5% per year Increase in unit selling price: 3% per year Increase in direct cost per unit: 2% per year Increase in indirect costs: 4% per year The forecast of earnings before interest and taxes for Year 2 using the above assumptions (rounded to the nearest thousand) would be $423,000 $523,000 $460,000 $462,000