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XYZ tech Corp. is a new company and only has one tablet, the NotePad, and headphones for sale. They currently earn $1.8 million annually for

XYZ tech Corp. is a new company and only has one tablet, the NotePad, and headphones for sale. They currently earn $1.8 million annually for the NotePad tablet and $1.2 million annually for their headphones. XYZ Tech Corp. is considering releasing a docking station, the LaunchPad, which is expected to earn $3 million annually. The LaunchPad is compatible with the Notepad, so it is expected to increase the NotePad's income by 20%. However, many new customers will now select the LaunchPad instead of the headphones, so the headphones are only expected to retain 90% of their current income once the new product is released. Calculate the incremental income from the LaunchPad. Answer in millions and round to two decimal places (i.e. two million should be imputed as 2.00)

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