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Bae Inc. has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?

Sales $2,000.00
Costs 1,200.00
Depreciation 100.00
EBIT $ 700.00
Interest expense 200.00
EBT $ 500.00
Taxes (35%) 175.00
Net income $ 325.00

a. $370.60
b. $390.11
c. $410.64
d. $432.25
e. $455.00

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