$9\mathrm{.}48$ A consumer electronics company was formed to develop cell phones that run on or are recharged by fuel cells. The company purchased a warehouse and converted it into a manufacturing plant for

$

$6,000,000$

$.$

It completed installation of assembly equipment worth

$

$1,500,000$

on December $31$st$.$ The plant began operation on January $1$st$.$ The company had a gross income of

$

$8,500,000$

for the calendar year. Manufacturing costs and all operating expenses, excluding the capital expenditures, were

$

$2,280,000$

$.$

The depreciation expenses for capital expenditures amounted to

$

$456,000$

$.$

Compute the taxable income of this company.

How much will the company pay in federal income taxes for the year?