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Following is the current year income statement for Lindell Industries. Lindell Industries Consolidated Statement of Earnings Twelve Months Ended December 3 1 ( In thousands

Following is the current year income statement for Lindell Industries.
Lindell Industries
Consolidated Statement of Earnings
Twelve Months Ended December 31(In thousands)
Net sales $14,263
Cost of sales 9,688
Gross margin 4,575
Expenses
Selling, general and administrative 3,483
Depreciation and amortization 296
Operating income 796
Interest expense, net 125
Pretax earnings 671
Income tax provision 168
Net earnings $503
Compute Lindell's net operating profit after tax (NOPAT) for the current year, assuming a 22% total statutory tax rate.
NOTE: Do not round intermediate calculations.
NOTE: Enter answer rounded to the nearest whole number.

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