Crane Company manufactures dog food for distribution in Washington, Oregon, and California. A dog food distributor from Florida has approached Crane and offered to purchase 242000 pounds of dog food for $1.40 per pound. Crane can produce 2004000 pounds of dog food per year, and its results for last year are as follows:

Sales (1822000 at $1.65)	$3006300
Variable costs	1093200
Contribution margin	1913100
Fixed costs	792000
Operating income	$1121100

If Crane accepts the offer, it will only be able to sell 1762000 pounds of dog food at the regular price due to its capacity constraints. What will Cranes total operating income be next year if it accepts the offer?