Edwards Electronics recently reported $14,750 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges, it had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was its net operating profit after taxes (NOPAT)?

Select the correct answer.

a. $5,940.20

b. $5,910.30

c. $6,000.00

d. $6,029.90

e. $5,970.10