Elliot Steel manufactures steel parts for mining equipment. The company currently has the following assets: The company CFO determined that available short-term interest fotes are 7 percent and long-term rates are 12 percent llong-term rates imply o return to any equity). Earnings before interest and taxes are $1,030,000 and the corporate tax rate is 20 percent. If long-term financing is perfectly matched (hedged) with long-term asset needs, and the same is true of short-term titiancing, what will cainings after taxes be? Earnings after taxies