Required information [The following information applies to the questions displayed below.] An annual report for National Paper Company included the following note: The last-in, first-out inventory method is used to value most of National Paper's U.S. inventories... If the first-in, first-out method had been used, it would have increased total inventory balances by approximately $303.0 million and $240.0 million at December 31, 2017, and 2016, respectively. For the year 2017, National Paper Company reported net income (after taxes) of $2,444.0 million. At December 31, 2017, the balance of National Paper Company's retained earnings account was $6,180 million. L. Determine the amount of retained earnings that National Paper would have reported at the end of 2017 if it always had used the IFO method (assume a 30 percent tax rate). (Enter your answer in millions. Do not round your intermediate calculations. Round our final answer to the nearest whole number.) Retained earnings million