An investor estimates that next year's sales for Gyna Inc should amount to about 56 USD million.
The company has 3.7 million shares outstanding, generates a net profit margin of about 8% , and has a payout ratio of 45%.assuming the P/E ratio is 31the latest stock price is 72 usd per share.
All figures are expected to hold for next year. Given this information calcuate Estimated net income for next year.