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IHOP Inc. has total assets of $744.00 million, total debt of $416.00 million, and net sales of $258.00 million in the past year. Its net

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IHOP Inc. has total assets of $744.00 million, total debt of $416.00 million, and net sales of $258.00 million in the past year. Its net profit margin for the past year is 8.00%, while the operating profit margin is 18.00%. What is IHOP's net income for the past year? (Answer in terms of millions, 1,000,000 would be 1.00) Submit Answer format: Currency: Round to: 2 decimal places

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