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Starbucks Abbreviated Income Statements for the Years Ending September 30, 2011-2014 ($ in Millions) Account 9/30/2011 9/30/2012 9/30/2013 9/30/2014 Sales $ 11.700 $ 14,774 Cost of goods sold Selling, general, and administrative expenses 13,289 $ -5,701 $ $ -4,962 $ -6,222 $ -4.846 $ -5,323 $ -8,686 EBIT $ 1,892 $ 2.265 $ Interest expense -134 $ -37$ -50 $ -54 Taxes $ -686 $ -820 $ 70 Net income $ 1,169 $ 1,395 $ -118 Right click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet Predicting net income. Abbreviated income statements for Starbucks are in the popup window Predict the net income for the period ending September 30, 2014 by determining the growth rates of sales, COGS SG&A, and interest expense Use a tax rate of 37% Note Enter all expenses as negative numbers. (Hint Use the compounded growth rate method to calculate all of the growth rates) The sales growth is % (Round to three decimal places)