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The following data are for the 2018 fiscal year of Meme-Me Corporation and Sozhal Incorporated. All dollar amounts are in thousands. Account Title Meme-Me Corporation

The following data are for the 2018 fiscal year of Meme-Me Corporation and Sozhal Incorporated. All dollar amounts are in thousands.

Account Title Meme-Me Corporation Sozhal Incorporated
Current assets $135,976 $50,981
Total assets 232,798 97,413
Current liabilities 35,374 7,069
Total liabilities 54,208 13,757
Stockholders equity 178,590 85,090
Interest expense 116 27
Income tax expense 4,218 3,344
Net income 31,124 22,612

Meme-Me Corporation reported interest expense of $114 million, before taxes. What was its after-tax interest expense in dollars? (Hint: You will need to compute its tax rate by dividing income tax expense by earnings before taxes, which must be computed.) (Enter your answer in millions (e.g. $4,000,000 would be entered as $4). Round your intermediate calculations to 1 decimal place. Round your answer to 2 decimal places.)

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