For fiscal year 2018, Katherine's Department Store had net income of $6,000,000. Interest expense was $2,250,000, and the companys tax rate on income was 40 percent. Total assets were $80,000,000, and noninterest-bearing current liabilities were $6,700,000. The companys cost of capital (required rate of return) is 10 percent. Calculate NOPAT, invested capital, and residual income for Katherine's Department Store. (Enter negative answers preceding either - sign, e.g. -45 or in parentheses, e.g. (45).)

NOPAT		$
Invested capital		$
Residual income		$

Comment on the companys profitability.

The company appears

profitablenot profitable

.