Calculate the net sales needed to produce net income of $3.080 million.

Listed below is the 2018 income statement for Tom and Sue Travels, Inc. TOM AND SUE TRAVELS, INC. Income Statement for Year Ending December 31, 2018 (in millions of dollars) Net sales Less: Cost of goods sold Gross profits Less: Other operating expenses Earnings before interest, taxes, $18.400 8.400 $10.000 3.850 depreciation, and amortization (EBITDA) Less: Depreciation Earnings before interest and taxes (EBIT) Less: Interest Earnings before taxes (EBT) Less: Taxes Net income $ 6.150 3.200 $ 2.950 0.810 $ 2.140 0.955 $ 1.185 The CEO of Tom and Sue's wants the company to earn a net income of $3.080 million in 2019. Cost of goods sold is expected to be 60 percent of net sales, depreciation and other operating expenses are not expected to change, interest expense is expected to increase to $0.910 million, and the firm's tax rate will be 30 percent