The operating results in summarized form for a retail computer store for 2018 are: Revenue Hardware sales Software sales Maintenance contracts Total revenue S4,800,000 2,000,000 S8,000,000 Costs and expenses: Cost of hardware sales Cost of software sales S3,360,000 1,200,000 600,000 640,000 1120,000 Customer maintenance costs Administrative expenses Total costs and expenses $6,920,000 Operating income $1080000 The computer store is in the process of formulating its operating budget for 2019 and has made the following assumptions The selling prices of hardware are expected to increase 10 percent but there will be no selling price Hardware unit sales are expected to increase 5 percent with a corresponding 5 percent growth in the number of maintenance contracts; growth in unit software sales is estimated at 8 percent. e increases for software and maintenance contracts. The cost of hardware and software is expected to increase 4 percent. Marketing expenses will be increased 5 percent in the coming year Three technicians will be added to the customer maintenance operations in the coming year, increasing the customer maintenance costs by S120,000 Administrative costs will be held at the same level. Compute the computer retail store's budgeted operating income for 2019