Tory Company sells a single product. Troy estimates demand and costs at various activity levels as follows:

Units Sold Price Total Variable Costs Fixed Costs

120,000__ $48___ $3,000,000_____ $1,000,000

144,000__ $45___ $3,530,000_____ $1,000,000

160,000__ $40___ $4,000,000_____ $1,000,000

180,000__ $35___ $4,500,000_____ $1,000,000

200,000__ $30___ $5,000,000_____ $1,000,000

How much profit will Troy have if a price of $45 is charged?