Hermann Industries is forecasting the following income statement:

Sales $8,000,000

Operating costs excluding depr. & amort. 4,400,000

EBITDA $3,600,000

Depreciation & amortization 800,000

EBIT $2,800,000

Interest 600,000

EBT $2,200,000

Taxes (40%) 880,000

Net income $1,320,000

The CEO would like to see higher sales and a forecasted net income of $2,500,000. Assume that operating costs (excluding depreciation and amortization) are 55% of sales and that depreciation and amortization and interest expenses will increase by 10%. The tax rate, which is 40%, will remain the same. What level of sales would generate $2,500,000 in net income?