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Question - Ace Systems Inc. reported the following in its annual income statement: basic earnings per share of $2.13 and diluted earnings per share of $2.11. There were 4,042 million weighted average basic shares were outstanding during the year. What approximate net income, did the company report for the year?
A. $1,916 million
B. $8,529 million
C. $8,609 million
D. $1,898 million
E. None of these are correct.
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