Acme, Inc., a domestic corporation, manufactures goods at its U.S. factory for sale in the United States and abroad. Acme has established an IC-DISC. During the current year, Acme’s qualified export receipts are $4,000 (all amounts in thousands), and the related cost of goods sold is $2,400. Acme has $1,200 of selling, general and administrative (SG&A) expenses related to the qualified export receipts. Acme’s gross receipts from domestic sales are $96,000, the related cost of goods sold is $65,600, and the related SG&A expenses are $18,800. In sum, Acme’s results for the year (before considering any income allocated to its IC-DISC via a commission payment), are as follows:

Qualified Total export receipts Other sales Gross receipts $100,000 $4,000 $96,000 COGS (direct material and labor) (68,000) (2,400) (65,600) Gross profit $32,000 $1,600 $30,400 SG&A expenses (20,000) (1,200) (18,800) Net income $12,000 $400 $11,600

What is the maximum amount of income that Acme can allocate to its IC-DISC? Assume combined taxable income equals the $400 of net income from qualified export receipts.