Dixie's sales for the year $2022$ were $$2,500,000.$ The cost of goods sold, administrative and selling expenses, and depreciation expenses were $$1,360,000,$$$640,000,$ and $$320,000,$ respectively. In addition, the company had an interest expense of $$50,000$ and a tax rate of $21$ percent.

Prepare the income statement of the company for $2022.$ How much is the net income of the company?

Calculate the NOPAT of the company.

Why is NOPAT a better measure of the company's operation result than net income?