Borzani Corporation reported net income of $52 million for 2018. Depreciation expense for the year totaled $18 million. Borzani depreciates plant assets over eight years using the straight-line method with residual values of zero.

Borzani paid $144 million for plant assets at the beginning of 2018. At the start of 2019, the company changed its method of accounting for depreciation to the double-declining-balance method. The year 2019 is expected to be the same as 2018, except for the change in depreciation method. If Borzani had been using the double-declining-balance method of depreciation all along, how much net income could the company expect to earn during 2019? Ignore income taxes.