Cullumber Corporation purchased a machine on January 2, 2017, for $5200000. The machine has an estimated 5-year life with no salvage value. The straight-line method of depreciation is being used for financial statement purposes and the following MACRS amounts will be deducted for tax purposes:

2017	$1040000	2020	$598000
2018	1664000	2021	598000
2019	998400	2022	301600

Assuming an income tax rate of 40% for all years, the net deferred tax liability that should be reflected on Cullumber's balance sheet at December 31, 2018 be