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

Sales $$4,260\mathrm{.}00$

Operating costs $($excluding depreciation$)3,001\mathrm{.}00$

EBITDA $$1,259\mathrm{.}00$

Depreciation $315\mathrm{.}00$

EBIT $$944\mathrm{.}00$

Interest $140\mathrm{.}00$

EBT $$804\mathrm{.}00$

Taxes $(40\%)321\mathrm{.}60$

Net income $$482\mathrm{.}40$

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\mathrm{.}26$ billion in sales generated last year.

Year$-$end operating costs, excluding depreciation, are expected to increase at the same rates as 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? Round your answers to two decimal places. Do not round intermediate calculations. Enter all values as positive numbers.

$($in millions of dollars$)$

Sales $

Operating costs $($excluding depreciation$)$

EBITDA $

Depreciation

EBIT $

Interest

EBT $

Taxes

Net income $Sales

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\mathrm{.}26$ billion in sales generated last year.

Year$-$end operating costs, excluding depreciation, are expected to increase at the same rates as

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? Round

your answers to two decimal places. Do not round intermediate calculations. Enter all values as

positive numbers.

$($in millions of dollars$)$

Sales

Operating costs $($excluding depreciation$)$

EBITDA

Depreciation

EBIT

$

Interest

EBT

$

Taxes

Net income