Golter Steel has $$4,850,000$ in assets.

Short$-$term rates are $7$ percent. Long term rates are $12$ percent. Earnings before interest and taxes are $$1,030,000.$ The tax rate is $20$

percent

Iflonigterm financing is perfectly matehed $($synchronized$)$ with long term asset needs, and the same is true of short$-$term financing,

What will earnings after taxes be$?$

Earimings after taxes