Do you have to subtract the depreciation from the assets and add it back in? Trying to figure out the depreciation?

Is it just the income adjusted with $3,200,000 plus $1,000,000 plus $11,000,000?

$ 38,400,000 5,700,000 1,000,000 Cost of goods sold Selling and administrative expense Interest expense Income before taxes Less income taxes Net income 45,100,000 9,900,000 1,980,000 $ 7,920,000 Other pertinent information for 2020 follows: Total assets Noninterest-bearing current liabilities Required rate of return on invested capital $ 97,000,000 3,200,000 10% Consider the following after you have completed the requirements of E12-8 above. Suppose LaundryMate Products had $11,000,000 of fully depreciated equipment of which it decided to dispose. Calculate ROI after the disposal of the equipment. NOPAT = $ 7,920,000 +[ $ 11,001,000 ( 80% )] = $ 16,720,800 Adjusted invested capital = $ 93,800,000 $ 11,000,000 $ 82,800,000 New ROI = $ 16,720,800 $ 82,800,000 20.19%