Neasha Corporation reported the following results for its first three years of operation: 2006 income (before income taxes) : 100,000; 2007 loss (before income taxes) : (900,000); 2008 income (before income taxes) : 1,000,000 There were no permanent or temporary differences during these three years. The corporate tax rate is 30% for 2006 and 2007, and 40% for 2008. Assuming that Neasha elects to use the carryback provision, what income (loss) is reported in 2007