Compute NOPAT The income statement for TJX Companies follows. THE TJX COMPANIES, INC. Consolidated Statements of Income Fiscal Year Ended ($ thousands) Net sales Cost of sales, including buying and occupancy costs February 2, 2019 $38,973,337 27,831,580 6,923,967 Selling, general and administrative expenses Pension settlement charge 36,525 Interest expense, net 9,263 Income before provision for income taxes 4,172,002 Provision for income taxes 1,113,816 Net income $3,058,186 Assume that the combined federal and state statutory tax rate is 22%. a. Compute NOPAT using the formula: NOPAT = Net income + NNE. Net income NNE NOPAT $ 6A $ $ 0 b. Compute NOPAT using the formula: NOPAT = NOPBT - Tax on operating profit. $ NOPBT Tax on operating profit $ NOPAT $ 0