For fiscal year 2017, Lawn Products had income as follows: Sales $55,600,000 Less: Cost of goods sold 38,800,000 Selling and administrative expense 5,760,000 Interest expense 1,090,000 Income before taxes 9,950,000 Less income taxes 3,482,500 Net income $6,467,500

Total assets were $99,000,000, and noninterest-bearing current liabilities were $3,300,000. The company has a required rate of return on invested capital equal to 10 percent.

NOPAT $

Invested capital $

ROI %