Saje Corporation’s pre-tax accounting income of $726,000 for…

Sаje Cоrpоrаtiоn's pre-tаx accounting income of $726,000 for the year 2027 included the following items: Amortization of identifiable intangibles            $140,000 Depreciation of building                                      120,000 Loss from discontinued operations                       66,000 Unusual, non-recurring gains                              150,000 Profit-sharing payments to employees                 69,300 Lush Industries Ltd. would like to purchase Saje Corporation. In trying to measure Saje's normalized earnings for 2027, Lush determines that the building's fair value is 5 times the book value and that its remaining economic life is double the life that Saje is using. Lush will not continue the profit-sharing payments to employees in the future.   Required: Calculate the 2027 normalized earnings amount of Saje Corporation that Lush would use to calculate goodwill.