$q,16.$ Swann Systems has forecast this income statement for the upcoming year:

The company's president is unsatisfied with the forecast and wants to see higher sales and a forecasted net income of $$2,000,000.$

Assume that operating costs are always $60\%$ of sales, and that depreciation and amortization, interest expens and the company's tax rate $(40\%),$ will remain the same even if sales change. How much in sales would Swann have to obtain to generate $$2,000,000$ in net income?Solve without Excel or Financial calculator