Part 1 of 2 points Points: 0.22 of 4 Save Kokomochi is considering the launch of an advertising campaign for its latest dessert product, the Mini Mochi Munch Kokomoch plans to spend $407 milion on TV radio and print advertising this year for the campaign. The ads are expected to boost sales of the Mini Mochi Munch by 511 88 million this year and 89.80 milion next year. In addition, the company expects that new consumers who try the Mini Mochi Munch will be more likely to try Kokomoch's other products. As a result, sales of other products are expected to rise by $3 32 million each year Kokomochi's gross profit margin for the Mini Mochi Munch is 35%, and its gross profit margin averages 25% for other products. The company's marginal corporate tax rate is 33% both this year and next year. What are the incremental earnings associated with the advertising campaign? Note Assume that the company has adequate positive income to take advantage of the tax benefits provided by any net losses associated with this campaign Calculate the incremental earnings for year 1 below. (Round to three decimal places) Year 1 Incremental Eamingo Forecast (5 million) Clear all Help me solve this Get more help Check answer View an example AI 351 w 3 Type here to catch Kokomochi is considering the launch of an advertising campaign for its latest dessert product, t VUIUIUL MICII y I you wi". Turu wa umu piuvww. Year 1 Incremental Earnings Forecast ($ million) Sales of Mini Mochi Munch $ $ Other Sales Cost of Goods Sold Gross Profit Selling. General, and Administrative $ $ Help me solve this View an example Get more help Type here to search