Exercise 12-8 For fiscal year 2017, Tri Town Products had income as follows: Sales $55,700,000 Less: Cost of goods sold 38,700,000 5,600,000 1,000,000 10,400,000 3,640,000 $6,760,000 Selling and administrative expense Interest expense Income before taxes Less income taxes Net income Total assets were $96,000,000, and noninterest-bearing current liabilities were $3,300,000. The company has a required rate of return on invested capital equal to 11 percent. Calculate NOPAT, invested capital, and Rol for Tri Town Products. (Round R01 to 2 decimal places, eg, 15.25%.) NOPAT Invested capital $ ROI Comment on the company's profitability. The company performing well