Consider the following balance sheet for Watchover Savings Inc. ($ in millions): Assets Liabilities $ 59 $ 79 Floating-rate mortgages (currently 13% annually) 30-year fixed-rate loans (currently 10% annually) 59 NOW accounts (currently 9% annually) Time deposits (currently 9% annually) Equity 29 10 Total $ 118 $ 118 What will be the net interest income at year-end if interest rates rise by 4 percent? Express your answer in millions of dollars (e.g. 3,260,000=3.26)