Based on the following assumptions, what is the expected Net Income in 20207 Round to the nearest whole della a. Sales projected to grow 25.0% next year b. COGS expected to be 40% of sales c. Interest expense projected to stay fixed at $15 d. SGA is expected to grow at the same rate it grew as a % of sales in 2019 e. Taxes expected to be 30% Income Statement Balance Sheet S's in Millions 2019 2018 2019 2018 Sales $750 $500 $1,020 5920 COGS $325 $200 Accounts Receivables 5610 5200 SC&A $2505175 Pre-paid Expenses $70 $120 Oper. Profit $175 $125 Fixed Assets $600 $250 Interest Expense 550 . Goodwill $100 $250 Income Before Tax $160 575 Total Assets $2,400 $1,740 Tax 556 Net Income $104 Accounts Payable $350 $220 Accrued Liabilities $100 $100 I Notes Payable $100 Total Liabilities 5550 $400 $15 580 Shareholder's Equity 51.850 51,340 5133 $208 $164 5186