Income Statement

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	200,000
EBIT	$1,600,000
Interest	200,000
EBT	$1,400,000
Taxes (40%)	560,000
Net income	$840,000

The CEO would like to see higher sales and a forecasted net income of $1,218,000. Assume that operating costs (excluding depreciation and amortization) are 55% of sales and that depreciation and amortization and interest expenses will increase by 6%. The tax rate, which is 40%, will remain the same. What level of sales would generate $1,218,000 in net income? If necessary, round your answer to the nearest dollar at the end of the calculations.