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Lion Inc., has sales of $2,086, total assets of $655, and a debtequity ratio of 0.5. If its return on equity is 13%. What is

Lion Inc., has sales of $2,086, total assets of $655, and a debtequity ratio of 0.5. If its return on equity is 13%.

What is Lions Net Income? (Round final answer to 2 decimal places. Do not round intermediate calculations).

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