Hermann Industries is forecasting the following income statement:

Sales $6,000,000

operating costs excluding depreciation

and amortization $3,300,000

EBITDA $2,700,000

Depreciation and amortization 720,000

EBIT $1,980,000

Interest 480,000

EBT $1,500,000

Taxes(40%) 600,000

Net Income $900,000

The CEO would like to see higher sales and a forecasted netincome of $1,450,000.

Assume that operating costs(excluding depreciation andamortization) are 55 percent of sales, and depreciation andamortization and interest expenses will increase by 12 percent. The tax rate, which is 40 percent, will remain the same. What level of sales would generate $1,485,000 in net income?