Black Crown Initiate Company reported the following.

Sales	$1,990,000
Cost of Goods Sold	$610,000
Operating Expenses	$487,000
Interest expense included in Operating Expenses	$44,000
Income Taxes	37% of income before tax
Stockholders' Equity (Average)	$16,000,000

Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places.

a) Calculate net income.

Net Income = $Answer

b) Calculate the net profit margin.

Net Profit Margin = Answer

%

c) Calculate the times interest earned.

Times Interest Earned = Answer

times

d) Calculate the return on equity.

Return on Equity = Answer

%