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

Sales $$700$

Operating costs including depreciation $500$

EBIT $$200$

Interest $40$

EBT $$160$

Taxes $(40\%)64$

Net income $$96$

Dividends $$32$

Addition to retained earnings $$64$

For the coming year, the company is forecasting a $20\%$ increase in sales, and it expects that its year$-$end operating costs, including depreciation, will equal $70\%$ 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.