A tile manufacturer has supplied the following data:
boxes of tiles produced and sold 520,000
sales revenue $2,132,000
variable manufacturing expense $650,000
fixed manufacturing expense $464,000
variable selling and administrative expense $260,000
fixed selling and administrative expense $312,000
net operating income $446,000
If the company increases its unit sales volume by 3% without increasing its fixed expenses, then what should be the total net operating income ?