Edmonds Industries is forecasting the following income statement: Sales $5,000,000 Operating costs excluding depreciation & amortization 2,750,000 EBITDA $2,250,000 Depreciation and amortization EBIT Interest EBT Taxes (25%) Net income 600,000 $1,650,000 350,000 $1,300,000 325,000 $975,000 The CEO would like to see higher sales and a forecasted net income of $1,210,000. Assume that operating costs (excluding depreciation and amortization) are 55% of sales and that depreciation and amortization and interest expenses will increase by 5%. The tax rate, which is 25%, will remain the same. (Note that while the tax rate remains constant, the taxes paid will change.) What level of sales would generate $1,210,000 in net income? Round your answer to the nearest dollar, if necessary.