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 $ 18.000 Less: Cost of goods sold 8.200 Gross profits $ 9.800 Less: Other operating expenses 3.750 Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 6.050 Less: Depreciation 3.000 Earnings before interest and taxes (EBIT) $ 3.050 Less: Interest 0.800 Earnings before taxes (EBT) $ 2.250 Less: Taxes 0.473 Net income $ 1.777 The CEO of Tom and Sues wants the company to earn a net income of $2.800 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 $1.266 million, and the firms tax rate will be 21 percent. Calculate the net sales needed to produce net income of $2.800 million.