Bob would like a net income of $500,000 and his tax rate is 22%. His cost of goods sold run 35% of sales and fixed operating costs are $300,000. With depreciation of $165,000 and interest expense of $120,000, what sales level will be necessary for him to reach his goal? $1,901,578 $8,164,935 $1,424,655 $1,736,193 $1,886,193