Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. R Listed below is the 2021 income statement for Tom and Sue Travels, Inc. TOM AND SUE TRAVELS, INC. Income Statement for Year Ending December 31, 2021 (in millions of dollars) Net sales $17.200 Less: Cost of goods sold 7.800 Gross profits $ 9.400 Less: Other operating expenses 3.550 Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 5.850 Less: Depreciation 2.600 Earnings before interest and taxes (EBIT) $ 3.250 Less: Interest 0.780 Earnings before taxes (EBT) $ 2.470 Less: Taxes 0.519 Net income $ 1.951 The CEO of Tom and Sue's wants the company to earn a net income of $2.600 million in 2022. 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 $1.246 million, and the firm's tax rate will be 21 percent. Calculate the net sales needed to produce net income of $2.600 million. (Enter your answer in millions of dollars rounded to 3 decimal places.) Answer is complete but not entirely correct. Net sales 17.812 X million