Problem 2-37 Income Statement (LG2-1) 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 $16.400 Less: Cost of goods sold 7.400 Gross profits $ 9.000 Less: Other operating expenses 3.350 Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 5.650 Less: Depreciation 2.200 Earnings before interest and taxes EBIT) $ 3.450 Less: Interest 0.760 Earnings before taxes (EBT) $ 2.690 Less: Taxes 0.565 Net income $ 2.125 The CEO of Tom and Sue's wants the company to earn a net income of $2.400 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 $1.226 million, and the firm's tax rate will be 21 percent Calculate the net sales needed to produce net income of $2.400 million (Enter your answer in millions of dollars rounded to 3 decimal places.) Net sales million