Austin Grocers recently reported the following $2016$ income statement $($in millions of dollars$)$:

For the coming year, the company is forecasting a $15\%$ increase in sales, and it expects that its year$-$end operating costs, including depreciation, will equal $75\%$ of sales. Austin's tax rate,

interest expense, and dividend payout ratio are all expected to remain constant.

a$.$ What is Austin's projected $2017$ net income? Enter your answer in millions. For example, an answer of $$13,000,000$ should be entered as $13.$ Round your answer to two decimal

places.

b$.$ What is the expected growth rate in Austin's dividends? Do not round your intermediate calculations. Round your answer to two decimal places.