Waco Leather Incorporated, a U$.$S$.$ corporation, reported total taxable income of $$5\mathrm{.}6$ million. Taxable income included $$1\mathrm{.}9$ million of foreign source taxable income from the company's branch operations in Mexico. All of the branch income is foreign branch income. Waco paid Mexican income taxes of $$361,000$ on its branch income.

Compute Waco's allowable foreign tax credit.

Note: Enter your answer in dollars and not in millions of dollars.

Foreign tax credit