4. Problem 16.04 (Pro Forma Income Statement) eBook Austin Grocers recently reported the following 2019 income statement in millions of dollars) Sales 5700 Operating costs including depreciation 500 EBIT $200 Interest 40 EBT $160 Taxes (25) 40 Net income $120 Dividends $40 Addition to retained earnings 580 For the coming year, the company forecasting a 35% increase in sales, and it expects that its year and operating costs, including depreciation will equal 65% of sales. Austin's tax rate, intarest expense, and dividend payout ratio are all expected to remain constant What is Austin's projected 2020 net income Enter your answer in millions. For comple, an answer of 515,000,000 should be entered as 13. Round your answer to two decimal places $ milion 5. What is the expected growth rate in Austin's dividends? Do not found intermediate calculations. Round your answer to two decimal places