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FastPaced Inc. had sales of $115 million in 2019 and is expected to have sales of $160.93 million for 2020. The company's net profit margin

FastPaced Inc. had sales of $115 million in 2019 and is expected to have sales of $160.93 million for 2020. The company's net profit margin was 3.1% in 2019 and is expected to increase to 6.2% by 2020. Estimate the company's net profit for 2020.

The company's estimated net profit for 2020 is $_____ (Round to the nearest dollar)

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