Colter Steel, a manufacturer of specialized tools, has $5,200,000 in assets. Temporary current assets $2,400,000 Permanent current assets 1,570,000 Capital assets 1,230,000 Total assets $5,200,000 Short-term rates are 8 percent. Long-term rates are 13 percent. (Note that long-term rates imply a return to any equity). Earnings before interest and taxes are $1,100,000. The tax rate is 30 percent. If long-term financing is perfectly matched (hedged) with long-term asset needs, and the same is true of short-term financing, what will earnings after taxes be