DuPont Analysis Last year, PJ$\text{'}$s Ice Cream Parlors, Incorporated reported an ROE $=12\mathrm{.}8\%.$ The firm's debt ratio was $42\%,$ sales were $$43$ million, and the capital intensity ratio was $\mathrm{.}93$ times. What is the net income for PJ$\text{'}$s last year? $($Do not round intermediate steps.$)$

Multiple Choice

$$39\mathrm{.}99$ million

$$5\mathrm{.}50$ million

$$5\mathrm{.}12$ million

$$2\mathrm{.}97$ million