Arnold Jones, CFA, compiled the following information on Jamit Enterprises for the year ended 31 December 2012. He noted Jamit's tax rate was 28 percent and they paid cash dividends of $6 million in 2012.

Revenue	$4,000,000
Cost of goods sold	1,280,000
Other operating expenses	1,040,000
Interest expenses	320,000
Other comprehensive income	110,000

Jones calculated an operating profit for Jamit for 2012 of:

Group of answer choices

a. $2,720,000

b. $979,200

c. $1,680,000