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Y3K, Inc., has sales of $3,100, total assets of $1,340, and a debt-equity rate of 1.20. If its return on equity is 15 percent, what

Y3K, Inc., has sales of $3,100, total assets of $1,340, and a debt-equity rate of 1.20. If its return on equity is 15 percent, what is its net income?

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