Following are the income statement and balance sheet for Intel Corporation.

INTEL CORPORATION

Consolidated Statements of Income Years Ended December

$($In Millions, Except Per Share Amounts$)$

$2012$

$2011$

$2010$ Net revenue $ $53,341$ $ $53,999$ $ $46,623$ Cost of sales $20,19020,24215,132$ Gross margin $33,15133,75728,491$ Research and development $10,1488,3506,576$ Marketing, general and administrative $8,0577,6706,309$ Amortization of acquisition$-$related intangibles $30826018$ Operating expenses $18,51316,28012,903$ Operating income $14,63817,47715,588$ Gains $($losses$)$ on other equity investments, net $141112348$ Interest and other, net $94192109$ Income before taxes $14,87317,78116,045$ Provisions for taxes $3,8684,8394,581$ Net income $ $11,005$ $ $12,942$ $ $11,464$

INTEL CORPORATION

Consolidated Balance Sheets As of Year$-$Ended $($In millions, except par value$)$ Dec. $29,2012$ Dec. $31,2011$ Assets Current assets Cash and cash equivalents $ $8,478$ $ $5,065$ Short$-$term investments $3,9995,181$ Trading assets $5,6854,591$ Accounts receivables, net $3,8333,650$ Inventories $4,7344,096$ Deferred tax assets $2,1171,700$ Other current assets $2,5121,589$ Total current assets $31,35825,872$ Property, plant and equipment, net $27,98323,627$ Marketable equity securities $4,424562$ Other long$-$term investments$**493889$ Goodwill $9,7109,254$ Identified intangible assets $6,2356,267$ Other long$-$term assets $4,1484,648$ Total assets $$84,351$ $$71,119$ Liabilities Current liabilities Short$-$term debt $$312$ $$247$ Accounts payable $3,0232,956$ Accrued compensation and benefits $2,9722,948$ Accrued advertising $1,0151,134$ Deferred income $1,9321,929$ Other accrued liabilities $3,6442,814$ Total current liabilities $12,89812,028$ Long$-$term debt $13,1367,084$ Long$-$term deferred tax liabilities $3,4122,617$ Other long$-$term liabilities $3,7023,479$ Stockholders' equity Preferred stock, $$0\mathrm{.}001$ par value, $50$ shares authorized; none issued $----$ Common stock, $$0\mathrm{.}001$ par value, $10,000$ shares authorized; $4,944$ issued and outstanding $(5,000$ issued and outstanding in $2011)$ and capital in excess of par value $19,46417,036$ Accumulated other comprehensive income $($loss$)(399)(781)$ Retained earnings $32,13829,656$ Total stockholders' equity $51,20345,911$ Total liabilities and stockholders' equity $ $84,351$ $ $71,119$

$**$ These investments are operating assets as they relate to associated companies.

$($a$)$ Compute Intel's net operating assets $($NOA$)$ for year$-$end $2012.$

$2012$ NOA $=$ $Answer

$($b$)$ Compute net operating profit after tax $($NOPAT$)$ for $2012,$ assuming a federal and state statutory tax rate of $37\%.$ Round your answer to the nearest whole number.

$2012$ NOPAT $=$ $Answer