$($a$)$ Compute Intel's net operating assets $($NOA$)$ for year$-$end $2010.$

$($b$)$ Compute net operating profit after tax $($NOPAT$)$ for $2010,$ assuming a federal and state statutory tax rate of $37\%.$HINT: Gains$/$losses on equity method investments are considered operating income. Round your answer to the nearest whole number.

$($c$)$ Use the parsimonious forecast method, as shown in the Analysis Insight box on page $13-4,$ to forecast Ciscos sales, NOPAT, and NOA for $2011$ through $2014$ and the terminal period using the following assumptions.

$($d$)$ Estimate the value of a share of Intel common stock using the discounted cash flow $($DCF$)$ model as of December $25,2010$; assume a discount rate $($WACC$)$ of $11\%,$ common shares outstanding of $5,511$ million, and net nonoperating obligations $($NNO$)$ of $$(21,178)$ million $($NNO is negative which means that Intel has net nonoperating investments$).$