Edmonds Industries is forecasting the following income statement: Sales $9,000,000 Operating costs excluding depreciation & amortization 4,950,000 EBITDA $4,050,000 Depreciation and amortization 1,350,000 EBIT $2,700,000 Interest 630,000 EBT $2,070,000 Taxes (25%) 517,500 Net income $1,552,500 The CEO would like to see higher sales and a forecasted net income of $2,900,000. Assume that operating costs (excluding depreciation and amortization) are 55% of sales and that depreciation and amortization and interest expenses will increase by 14%. 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 $2,900,000 in net income? Round your answer to the nearest dollar, if necessary. $