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The formula for a company's net profit margin M expressed as a percent is given by $$M = \frac { 1001 } { R }$$ , where I represents net income and $$R$$ represents net revenue. If a company had a net profit margin of $$2.55 \%$$ on net revenue of $$\ 4,525,000$$ , what was its net income?
The net income is $$\ \square$$ . (Round to the nearest hundred as needed.)