Given the below assumptions, what is the level of sales required for a two department (food and beverage) restaurant to achieve a 12% ROI on an investment of $8,000,000?

Food sales are forecasted at $1,500,000

Food costs amount to $500,000

Total sales amount to $2,000,000

Beverage generate the remainder of sales with a variable cost of 25%

The restaurant's tax rate is 30%

Annual fixed costs amount to $1,000,000