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Y3K, Inc., has sales of $6,299, total assets of $2,915, and a debt-equity ratio of 1.2. If its return on equity is 12 percent, what

Y3K, Inc., has sales of $6,299, total assets of $2,915, and a debt-equity ratio of 1.2. If its return on equity is 12 percent, what is its net income? (Do not round intermediate calculations and round your final answer to 2 decimal places (e.g., 32.16).)

Net income $

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