A company produce and sell a special product. One year the company reported the following:

Products sold: 3200 units

Investment: 36 000 000 $

Operating income: 3 600 000 $

Markup percentage on full cost 6%, and variable unit cost 9000 $.

The company plans to reduce yearly fixed costs with 2 600 000 $, and the variable unit cost with 500 $.

After company reduced the costs, the quality also got reduced, and they could no longer manage to sell the same amount of products. They experienced a 10% reduction.

Calculate the new operating income.