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Tiggie's Dog Toys, Inc., reported a debt - to - equity ratio of 1 . 6 9 times at the end of 2 0 2

Tiggie's Dog Toys, Inc., reported a debt-to-equity ratio of 1.69 times at the end of 2021. If the firm's total debt at year-end was $31 million, how much equity does Tiggie's have on its balance sheet? (Enter your answer in millions of dollars rounded to 2 decimal places.)
Total equity
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