Shearer Corporation had sales this year of $1,635 million, and sales are expected to grow by 20 percent next year. Next year Shearer expects cost of goods sold to be 60 percent of sales, selling expenses to be $20 million per month, depreciation to be $5 million per month, and interest expense to be $12 million per month. Taxes are computed at 35 percent. What is Shearer's expected net income next year?

Group of answer choices

$221.6 million.

$188.7 million.

$136.5 million.

$380.8 million.