Quantitative Problem: At the end of last year, Edwin Inc. reported the following income statement (in millions of dollars): Looking ahead to the following year, the company's CFO has assembled this information: - Year-end sales are expected to be 5% higher than $4.3 billion in sales generated last year. - Year-end operating costs, excluding depreciation, are expected to increase at the same rates as sales. - Depreciation costs are expected to increase at the same rate as sales. - Interest costs are expected to remain unchanged. - The tax rate is expected to remain at 40%. On the basis of this information, what will be the forecast for Edwin's year-end net income? Round your answers to two decimal places. Do not round intermediate calculations. Enter all values as positive numbers