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Sandhill Corporation has announced that its net income for the year was $1,372,998.00. The company had EBITDA of $4,987,000.00, and its depreciation and amortization expense

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Sandhill Corporation has announced that its net income for the year was $1,372,998.00. The company had EBITDA of $4,987,000.00, and its depreciation and amortization expense was equal to $1,132,000.00. The company's average tax rate is 29 percent. What was its interest expense? (Round intermediate calculations and final answer to 2 decimal places, e.g. 15.25.)

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