Compute NOPAT

Selected income statement information for $2018$ is presented below for Home Depot Inc. and Lowe's Companies Inc. Assume the statutory tax rate is $22\%.$

a$.$ Compute the following measures for both companies.

NOPAT $=$ Net Income $+$ NNE, or NOPB $-$ Tax on Profit

TAX $0\mathrm{.}22$

HD LOW

NNE $$759\mathrm{.}72486\mathrm{.}72$

Net Income $$11,335$ $$2,451$

NOPAT $$12,095$ $$2,938---$answer is incorrect

The answer is not NOPB$*(1-$Tax Rate$)$ either.