Buffalo Sabres Corp began operations in 2017. Included in their 2017 financial statements were bad debt

expenses of $1,900,000 and profit from an installment note of $2,900,000. For tax purposes, the bad debts will be

deducted currently and the profit from the installment sale will be recognized in 2018. The enacted tax rates are 30%

for 2017 and 25% for 2018. In its income statement, what amount would Sabres Corp report as deferred income tax

expense?