The ACX Company prepares the following budgeted information. Based on this, what is ACX's pro forma income net income?

Budgeted cost of goods sold	$4,300,000
Budgeted S&A expense	$2,000,000
Budgeted manufacturing costs incurred	$4,500,000
Budgeted income taxes	$800,000
Budgeted sales revenue	$10,000,000
Budgeted cost of goods manufactured	$4,200,000
Budgeted interest expense	$1,300,000

A. $3,700,000

B. $1,600,000

C. $1,700,000

D. $1,400,000