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Listed below is the income statement for Tom and Sue Travels, Incorporated. The CEO of...

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Finance

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Listed below is the income statement for Tom and Sue Travels, Incorporated. The CEO of Tom and Sue's want the company to earn a net income of $2.600 milion Cost of goods sold is expected to be 60 percent of net sales, depreciation and other operating expenses are not expected to change. interest expense is expected to increase to $1246 milion, and the firri's tax rate wil be 21 percent Calculate the net sales needed to produce net income of $2.600 million. Note: Enter your answer in miltions of dollars rounded to 3 decimal places, (i.e., Enter 5,500.000 as 5.500 .)

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