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CapitaLand, a prominent real estate company, discloses its financial performance for the fiscal year ending December 31, 20X3. The company reports total revenue of $150,000,000

CapitaLand, a prominent real estate company, discloses its financial performance for the fiscal year ending December 31, 20X3. The company reports total revenue of $150,000,000 and total expenses of $100,000,000. Calculate CapitaLand's net income for the fiscal year.

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