Listed below is the 2021 income statement for Tom and Sue Travels, Inc TOM AND SUE TRAVELS, INC Income Statement for Year Ending December 31, 2021 (in millions of dollars) Net sales $ 16 800 Less Cost of goods sold 7 600 Gross profits $ 9 200 Less Other operating expenses 3 450 Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 5 750 Less Depreciation 2 400 Earnings before interest and taxes (EBIT) $ 3 350 Less Interest 0 770 Earnings before taxes (EBT) $ 2 580 Less Taxes 0 542 Net income $ 2 038 The CEO of Tom and Sues wants the company to earn a net income of $2 500 million in 2022 Cost of goods sold is expected to be 60 percent of net sales, depreciation and other operating expenses are not expected to change, interest expense is expected to increase to $1 236 million, and the firms tax rate will be 21 percent Calculate the net sales needed to produce net income of $2 500 million (Enter your answer in millions of dollars rounded to 3 decimal places )

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Listed below is the 2021 income statement for Tom and Sue Travels, Inc. TOM AND SUE TRAVELS, INC. Income Statement for Year Ending December 31,

Listed below is the 2021 income statement for Tom and Sue Travels, Inc.

TOM AND SUE TRAVELS, INC.
Income Statement for Year Ending December 31, 2021
(in millions of dollars)
Net sales	$	16.800
Less: Cost of goods sold		7.600
Gross profits	$	9.200
Less: Other operating expenses		3.450
Earnings before interest, taxes, depreciation, and amortization (EBITDA)	$	5.750
Less: Depreciation		2.400
Earnings before interest and taxes (EBIT)	$	3.350
Less: Interest		0.770
Earnings before taxes (EBT)	$	2.580
Less: Taxes		0.542
Net income	$	2.038

The CEO of Tom and Sues wants the company to earn a net income of $2.500 million in 2022. Cost of goods sold is expected to be 60 percent of net sales, depreciation and other operating expenses are not expected to change, interest expense is expected to increase to $1.236 million, and the firms tax rate will be 21 percent.

Calculate the net sales needed to produce net income of $2.500 million. (Enter your answer in millions of dollars rounded to 3 decimal places.)