Question: please answer and show steps so i know how yo solve. thank you! Austin Grocers recently reported the foliowing 2021 income statement (in milions of

please answer and show steps so i know how yo solve. thank you!
please answer and show steps so i know how yo solve. thank

Austin Grocers recently reported the foliowing 2021 income statement (in milions of dollars): For the coming year, the compary is forecasting a 20\% increase an aales, and it expects that its yeas end operating costs, including depreciation, will equal 65% of gales, Austin's tax rate, interest expense, and divilend payout rabo are all expected to remain constant. a. What is Austin's projected 2022 not income? Fotar yeur ansher in milliens. For exarmple, an answer of 113,000,000 should be entered as 13. De ant round intermediate calculations. flownd your answer to two decimal placen: milion b. unat is the expected growth rate in Austin's dividends? Do not round niterifediate calcilations. Hounic your answer to two decimal piaces

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