Last year, Stumble$-$on$-$Inn, Incorporated reported an ROE of $20$ percent. The firm's debt ratio was $55$ percent, sales were $$26$ million,

and the capital intensity was $1\mathrm{.}20$ times.

Calculate the net income for Stumble$-$on$-$Inn last year.

Note: Do not round intermediate calculations. Enter your answer in dollars not in millions.

Net income