Hermann Industries is forecasting the following income statement: Sales $4,000,000 Operating costs excluding depreciation & amortization 2,200,000 EBITDA $1,800,000 Depreciation and amortization 440,000 EBIT $1,360,000 Interest 240,000 EBT $1,120,000 Taxes (40%) 448,000 Net income $672,000 The CEO would like to see higher sales and a forecasted net income of $1,142,400. Assume that operating costs (excluding depreciation and amortization) are 55% of sales and that depreciation and amortization and interest expenses will increase by 8%. The tax rate, which is 40%, will remain the same. What level of sales would generate $1,142,400 in net income? If necessary, round your answer to the nearest dollar at the end of the calculations.