Nvidia Company has $12 million of sales and $1.2 million of net income. Its total assets are $8 million. The company's total assets equal total invested capital, and its capital consists of 45% debt and 55% common equity. The firm's interest rate is 10% and its tax rate is 40%. What is Nvidia Company's basic earning power (BEP)? 27.50% 26.13% 30.50% 29.50%