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Corona Corporation's financial statements for the current year include the following:
Income from continuing operations (net of taxes) $ 818,400
Prior period adjustment (increase in prior year net income, net of $ 250,800 taxes)
Cash dividends paid to preferred stockholders $ 266,640
Gain from discontinued operations (net of taxes) $ 541,200
Non-recurring loss (net of tax benefit) $ 125,400
Question 1: On the basis of this information, what is net income for the current year?
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