Corporate Valuation and Financial Planning: Forecasted Financial Statements forecasting its -Sele be used to improve the firm's operations. Quantitative Problem: At the end of last year, Edwin Inc. reported the following income statement (in millions of dollars): Looking ahead to the following year, the company's CFO has assembled this information: - Year-end sales are expected to be 4% higher than $4.3 billion in sales generated last year. - Year-end operating costs, excluding depreciation, are expected to increase at the same rates as sales. - Depreciation costs are expected to increase at the same rate as sales. - Interest costs are expected to remain unchanged. - The tax rate is expected to remain at 25%. Round your answers to two decimal places