You are hoping your business can show a net income of $1,850,000 next year while paying $400,000 in dividends and are trying to estimate the sales level necessary to reach this goal. You know that your cost of goods sold run 45% of sales and that your interest expense will be $452,000. Your fixed operating costs run $915,000 and you expect depreciation of $385,000 with an estimated tax rate of 24%. What sales level will be necessary to reach your target net income?

A. 8,338,565

B. 7,611,292

C. 6,731,100

D. 21,022,963

E. 5,947,656