$12.$Steber Packaging Inc. expects sales next year of $$40$ million. Of this total, $25$ percent is expected to be for cash and the balance will be on credit, payable in $30$ days. Operating expenses are expected to total $$29$ million. Accelerated depreciation is expected to total $$7$ million, although the company will only report $$3$ million of depreciation on its public financial reports. The marginal tax rate for Steber is $34$ percent. Current assets now total $$26$ million and current liabilities total $$16$ million. Current assets are expected to increase to $$29$ million over the coming year. Current liabilities are expected to increase to $$21$ million. Compute the projected after$-$tax operating cash flow for Steber during the coming year. Enter your answer in millions. For example, an answer of $$1\mathrm{.}2$ million should be entered as $1\mathrm{.}2,$ not $1,200,000.$ Round your answer to two decimal places.

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