Suppose in its income statement for the year ended June 30, 2017, The Clorox Company reported the following condensed data (dollars in millions).

Salaries and wages expenses		$ 470		Research and development expense		$ 110
Depreciation expense		85		Income tax expense		198
Sales revenue		9,240		Loss on disposal of plant assets		60
Interest expense		1,742		Cost of goods sold		5,040
Advertising expense		510		Rent expense		95
Sales returns and allowances		240		Utilities expense		60

Assume the marketing department has presented a plan to increase advertising expenses by $693 million. It expects this plan to result in an increase in both net sales and cost of goods sold of 25%. Assume a tax rate of 34%. (Hint: Increase both sales revenue and sales returns and allowances by 25%.)