Nighthawk Steel, a manufacturer of specialized tools, has $$4,950,000$ in assets.

Temporary current assets $$1,900,000$

Permanent current assets $1,545,000$

Capital assets $1,505,000$

Total assets $$4,950,000$

Short$-$term rates are $9$ percent. Long$-$term rates are $14$ percent. $($Note that long$$term rates imply a return to any equity$).$ Earnings before interest and taxes are $$1,050,000.$ The tax rate is $40$ percent.

If long$-$term financing is perfectly matched $($hedged$)$ with long$-$term asset needs, and the same is true of short$-$term financing, what will earnings after taxes be$?$