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Lion Inc., has sales of $3,614, total assets of $1,109, and a debtequity ratio of 0.6. If its return on equity is 8%. What is

Lion Inc., has sales of $3,614, total assets of $1,109, and a debtequity ratio of 0.6. If its return on equity is 8%. What is Lions Net Income? (Round final answer to 2 decimal places. Do not round intermediate calculations)

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