Sales - $6,000,000
Operating cost 3,300,000
EBITDA 2,700,000
Depreciation & Amort 420,000
EBIT 2,280,000
Interest 600,000
EBT 1,680,000
Taxes(40%) 672,000
Net Income 1,008,000
The CEO would like to see higher sales and a forecasted net income of $1,915,200. Assume that operating cost (excluding depreciation and amortization) are 55% of sales, and depreciation and amortization and interest expenses will increase by 7%. The tax rate, which is 40%, will remain the same. What level of sales wold generate $1,915,200 in net income? I