In$2016,$ the Allen Corporation had sales of $62$million$,$ total assets of $49$million$,$ and total liabilities of $21$ million. The interest rate on the$$ company's debtis $5\mathrm{.}9$ percent, and its tax rate is $35$ percent. The operating profit margin is $12$ percent.

a$.$ Compute the firm's $2016$ net operating income and net income.

b$.$ Calculate the firm's operating return on assets and return on equity. $($Hint: You can assume that interest must be paid on all of the firm's liabilities.$)$

a$.$ Compute the firm's $2016$ net operating income and net income.

The firm's $2016$ net operating income is $ million. $($Round to two decimal places.$)$