The answer is 1, but the logic you've used to get there is a little off. Different groups actually follow different logic, but they usually arrive at the same end-point.

The American Mathematical Society goes:

• Brackets
• Indices
• Multiplication indicated by juxtaposition
• Regular multiplication and division
• Addition and subtraction

While the American Physical Society does

• Brackets
• Indices
• Multiplication
• Division
• Addition and subtraction

In both cases, addition and subtraction are equal in priority (this solves the problem brought up by a different comment where following primary school BIDMAS would mean 8-4+2=2). In one case (and this is the way I prefer to do it) they solve the problem by declaring that implicit multiplication is done before division, but explicit multiplication with the × sign follows the same rules you would have learnt in primary school. The other says all multiplication is done before division, including explicit multiplication.