This Question: 4 pts 1 of 25 (0 complete) Use the information about Billy's Burgers to answer the following question(s): Billy's Burgers Figures in $ millions Income Statement Net Sales Costs exc. Dep. EBITDA Depreciation 2010 2010 246.0 187.0 59.0 17.2 Balance Sheet Assets Cash Accts. Rec. Inventories Total Current Accote 8.0 21.0 23.0 FRIT 41 52 O A. $28.16 million OB. $24.84 million C. $35.76 million D. $23.28 million EBIT Interest Pretax Income Taxes 41.8 12.0 29.8 10.4 Total Current Assets Net PP&E Total Assets 52.0 145.0 197.0 Net Income 19.4 18.0 Liabilities and Equity Accts. Payable Long - Term Debt Total Liabilities Total Stockholders' 82.0 100.0 O A $28.16 million OB. $24.84 million OC. $35.76 million OD. $23.28 million Liabilities and Net Income 19.4 Equity Acets Payable 18.0 Long-Term Debt 82.0 Total Liabilities 100.0 Total Stockholders' Equity 970 Total Liabilities and Equity 197.0 Using the percent of sales method, and assuming 20% growth in sales and no change in interest expense, estimate Billy's Burgers' Net Income for 2011. O A $28.16 million OB. $24.84 million OC $35.76 million OD. $23.28 million