Problem $17\mathrm{.}04($Pro Forma Income Statement$)-$Austin Grocers recently reported the following $2021$ income statement $($in millions of dollars$)$:

Sales $$700$

Operating costs including depreciation $500$

EBIT $$200$

Interest $40$

EBT $$160$

Taxes $(25\%)40$

Net income $$120$

Dividends $$40$

Addition to retained earnings $$80$

For the coming year, the company is forecasting a $20\%$ increase in sales, and it expects that its year$-$end operating costs, including depreciation, will equal $75\%$ of sales. Austin's tax rate, interest expense, and dividend payout ratio are all expected to remain constant.

What is Austin's projected $2022$ net income? Enter your answer in millions. For example, an answer of $$13,000,000$ should be entered as $13.$ Do not round intermediate calculations. Round your answer to two decimal places.

$

million

What is the expected growth rate in Austin's dividends? Do not round intermediate calculations. Round your answer to two decimal places.

$\%$