Income Statement

Hermann Industries is forecasting the following income statement:

Sales	$8,000,000
Operating costs excluding depreciation & amortization	4,400,000
EBITDA	$3,600,000
Depreciation and amortization	800,000
EBIT	$2,800,000
Interest	480,000
EBT	$2,320,000
Taxes (40%)	928,000
Net income	$1,392,000

The CEO would like to see higher sales and a forecasted net income of $2,714,400. Assume that operating costs (excluding depreciation and amortization) are 55% of sales and that depreciation and amortization and interest expenses will increase by 13%. The tax rate, which is 40%, will remain the same. What level of sales would generate $2,714,400 in net income? If necessary, round your answer to the nearest dollar at the end of the calculations.