Colter Steel has $5,500,000 in assets. Temporary current assets $ 3,000,000 Permanent current assets 1,600,000 Fixed assets 900,000 Total assets $ 5,500,000 Short-term rates are 8 percent. Long-term rates are 13 percent. Earnings before interest and taxes are $1,160,000. The tax rate is 30 percent. If long-term financing is perfectly matched (synchronized) with long-term asset needs, and the same is true of short-term financing, what will earnings after taxes be?