Global Corp. expects sales to grow by7% next year. Assume that Global pays out 50% of its net income. Using the percent of sales method and the data provided in the following statements (refer to attachment),forecast?stockholders' equity.What is the forecasted stockholders equity $___million (round two decimal places)

t Global pays out 50% of its net income. Using the percent of sales method and the data provided in the following statemer X Data table Click on the following icon for the income statement in order to copy its contents into a spreadsheet. Click on the following icon for the balance sheet in order to copy its contents into a spreadsheet. Income Statement ($ million) Balance Sheet ($ million) Net Sales 185.3 Assets Costs Except Depreciation - 174.3 Cash 23.8 EBITDA 11 Accounts Receivable 17.5 Depreciation and Amortization - 1.2 Inventories 15.4 EBIT 9.8 Total Current Assets 56.7 Interest Income (expense) - 2 Net Property, Plant, and 112.9 Equipment Pre-tax Income 7.8 Total Assets 169.6 Taxes - 2.0 Net Income 5.8 Liabilities and Equity Accounts Payable 34.4 Long-Term Debt 112.9 Total Liabilities 147.3 Total Stockholders' Equity 22.3 Total Liabilities and Equity 169.6 Print Done