Last year, PJ's Ice Cream Parlors, Inc. reported an ROE = 12.1%. The firm's debt...

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Accounting

Last year, PJ's Ice Cream Parlors, Inc. reported an ROE = 12.1%. The firm's debt ratio was 49%, sales were $36 million, and the capital intensity ratio was .86 times. What is the net income for PJ's last year? (Do not round intermediate steps.)

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