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Looking ahead to wie following year, the company's CrO has assembled this information: - Yeariend sales are expected to be 6% higher than the $3

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Looking ahead to wie following year, the company's CrO has assembled this information: - Yeariend sales are expected to be 6% higher than the $3 bilion in sales generated last year. - Year-end operating costs, excluding depreciation, are expected to equal 75% of year.end sales. - Depreciation is expected to increase at the same rate as sales. - Interest costs are expected to remain unchanged. - The tax rate is expected to remain at 25%. On the basis of that information, what will be the forecast for Roberts' year-end net income? Enter your answer in millions. For example, an answer of: $25,400,000 should be entered as 25.40. Do not round intermediate calculations. Round your answer to two decimal places. million

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