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Global Innovations provides its financial data for the fiscal year ending December 31, 20X10, in a bulleted list: Total Revenue: $180 million Operating Expenses: $90

Global Innovations provides its financial data for the fiscal year ending December 31, 20X10, in a bulleted list:

  • Total Revenue: $180 million
  • Operating Expenses: $90 million
  • Interest Expenses: $15 million Calculate Global Innovations' net income for the fiscal year, considering a tax rate of 25%.

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