Suppose Tesla Corp. is considering the purchase of additional equipment for $5 million at the end of 2020 , and this equipment would be depreciated using simple straight line method for 5 years starting in 2021. Tesla's current projected Net Income is $39 million in 2020, and $77 million in 2021 , and a tax rate of 35%. If Tesla goes ahead with this additional purchase, what would be its new projected Net Income in year 2021 ? (Assume the equipment is paid for out of cash.) Answer in million dollars and round your answer to 2 decimals