In 2015 Beta Corporation earned gross profits of $770,000.

a. Suppose that it is financed by a combination of common stock and $1.01 million of debt. The interest rate on the debt is 11%, and the corporate tax rate is 34%. How much profit is available for common stockholders after payment of interest and corporate taxes? (Do not round intermediate calculations. Enter your answer in dollars not millions and round your answer to the nearest whole dollar amount.)

Profit available to common stockholders =