The newspaper reported last week that Chen Enterprises earned $$34\mathrm{.}13$ million this year.

The report also stated that the firm's return on equity is $12$ percent. The firm retains $70$

percent of its earnings.

a$.$ What is the firm's earnings growth rate? $($Do not round intermediate calculations and

enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ What will next year's earnings be$?($Do not round intermediate calculations and enter

your answer in dollars, not millions of dollars, rounded to the nearest whole

number, e$.$g$.,1,234,567.)$