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EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have? Sales $ 4,400.00 Costs 1,400.00 Depreciation

EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?

Sales $ 4,400.00
Costs 1,400.00
Depreciation 250.00
EBIT $ 2,750.00
Interest expense 70.00
EBT $ 2,680.00
Taxes (25%) 1,072.00
Net income $ 1,608.00
a. $2,062.50
b. $2,058.50
c. $2,064.50
d. $2,060.50
e. $2,056.50

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