Colter Steel has $$4,850,000$ in assets.

Assume shorterm interest rates are $13$ percent and long term rates are $3$ percentage points lower than short$-$term fates. Earmings

before interestand taxes are $$1,030,000.$ The tax rate $1520$ percent.

Iflong term financing is perfectly matched $($synchronized$)$ with long term asset needs, and the same is true of shorf$-$term financing,

What will eamings after taxes be$?$

Eamings atter taxes