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Listed below is the 2015 income statement for Tom and Sue Travels, Inc. TOM AND SUE TRAVELS, INC. Income Statement for Year Ending December 31,

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Listed below is the 2015 income statement for Tom and Sue Travels, Inc. TOM AND SUE TRAVELS, INC. Income Statement for Year Ending December 31, 2015 (in millions of dollars) Net sales 55 17.400 Less: Cost of goods sold 7.900 Gross prots $ 9.500 Less: Other operating expenses 3.600 Earnings before interest, taxes, depreciation, $ and amortization (EBITDA) 5900 Less: Depreciation 2.700 Earnings before interest and taxes (EBIT) $ 3.200 Less: Interest 0785 Earnings before taxes (EST) 15 2.415 Less: Taxes 0.705 Net income 35 1.710 The CEO of Tom and Sue's wants the company to earn a net income of $2.730 million in 2013. Cost of goods sold is expected to be 50 percent of net sales, depreciation and other operating expenses are not expected to change, interest expense is expected to increase to $0.885 million, and the firm's tax rate will be 30 percent. Calculate the net sales needed to produce net income of $2.730 million. {Enter your answer in millions of dollars rounded to 3 decimal places.)

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