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Feidler, Inc. is analyzing a new product. The estimated sales for the first year are 185 units at a price of $162 a unit. The

Feidler, Inc. is analyzing a new product. The estimated sales for the first year are 185 units at a price of $162 a unit. The fixed costs for the year are $4,870 and the variable cost per unit is $108. The depreciation expense is $4,300 and the tax rate is 35 percent. What is the projected net income (NOPAT) for the first year of the project?

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$533 $2,333 $3,667 $4,833

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