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Suppose Gulf Shipping Company has the following revenue and expenses for 2018: Revenues of $9,000,000 Cost of Goods Sold of $3,600,000 Depreciation Expenses of $1,000,000

Suppose Gulf Shipping Company has the following revenue and expenses for 2018:

Revenues of $9,000,000

Cost of Goods Sold of $3,600,000

Depreciation Expenses of $1,000,000

Income Taxes of $1,192,000

Interest Expenses of $120,000

Other Expenses of $400,000

Sales, General, & Administrative Expenses of $900,000

Create an income statement with amounts in thousands

What is the value of Pre-Tax Income?

Please specify your answer in the same units as the income statement.

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