Two companies are expected to have annual sales of 1,000,000 decks of playing cards next year. Estimates for next year are presented below:

Company 1Company 2

Selling price per deck$3.00$3.00

Cost of paper per deck0.620.65

Printing ink per deck0.130.15

Direct labor per deck0.751.25

Variable overhead per deck0.300.35

Fixed costs$960,000$252,000

Given this data, the annual sales volume at which profits of Company 1 are equal to the profits of Company 2 is:

$1,180,000