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At the end of last year, Edwin Inc. reported the following income statement ( in millions of dollars ) : Sales: $ 4 , 1

At the end of last year, Edwin Inc. reported the following income statement (in millions of dollars):
Sales: $4,100
Operating costs excluding depreciation: 3,083
EBITDA: $1,017
Depreciation: 300
EBIT: $717
Interest: 140
EBT: $577
Taxes (40%): 230.80
Net income: $346.20
Looking ahead to the following year, the company's CFO has assembled this information:
Year end sales are expected to be 4% higher than $4.1 billion in sales generated last year.
Year end operating costs, excluding depreciation, will equal 60% of sales.
Depreciation costs are expected to increase at the same rate as sales.
Interest costs are expected to remain unchanged.
The tax rate is expected to remain at 40%.
On the basis of this information, what will be the forecast for Edwin's year-end net income? Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55.
Sales :
Operating costs excluding depreciation :
EBITDA:
Depreciation :
EBIT :
Interest :
EBT :
Taxes :
Net income :
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