See Table 2.5, , showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco had purchased additional equipment for $11.9 million at the end of 2020 , and this equipment was depreciated by $4.0 million per year in 2021, 2022, and 2023. Given Mydeco's tax rate of 20%, what impact would this additional purchase have had on Mydeco's net income in years 2020 to 2023? (Assume the equipment is paid for out of cash and that Mydeco earns no interest on its cash balances.) Calculate the new net income below: (Round to one decimal place.) 2019-2023 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; $ in millions) \begin{tabular}{lrrrrr} \hline Income Statement & 2019 & 2020 & 2021 & 2022 & 2023 \\ \hline Revenue & 404.9 & 360.4 & 423.4 & 506.3 & 604.9 \\ Cost of Goods Sold & -184.6 & -173.2 & -209.4 & -245.1 & -290.4 \\ Gross Profit & 220.3 & 187.2 & 214.0 & 261.2 & 314.5 \\ Sales and Marketing & -65.6 & -68.2 & -83.2 & -102.1 & -125.8 \\ Administration & -59.8 & -58.9 & -58.9 & -66.4 & -79.2 \\ Depreciation \& Amortization & -28.8 & -25.5 & -32.7 & -38.9 & -39.5 \\ EBIT & 66.1 & 34.6 & 39.2 & 53.8 & 70.0 \\ Interest Income (Expense) & -35.1 & -32.3 & -34.2 & -38.8 & -38.7 \\ Pretax Income & 31.0 & 2.3 & 5.0 & 15.0 & 31.3 \\ Income Tax & -6.2 & -0.5 & -1.0 & -3.0 & -6.3 \\ Net Income & 24.8 & 1.8 & 4.0 & 12.0 & 25.0 \\ Shares Outstanding (millions) & 54.1 & 54.1 & 54.1 & 54.1 & 54.1 \\ Earnings per Share & $0.46 & $0.03 & $0.07 & $0.22 & $0.46 \end{tabular}