Consultants notified management of Goo Goo Baby Products that a crib toy poses a potential health hazard. Counsel indicated that product recall is probable and is estimated to cost the company $4.6 million. How will this affect the company's income statement and balance sheet this period? (Enter your answers in millions rounded to 1 decimal place (i.e., 1,200,000 should be entered as 1.2).)