Pelamed's Pharmaceuticals has EBIT of $ 184 million in 2012. In addition, Pelamed's has interest expenses of $ 72 million, and a corporate tax rate of 35 %.

a. What is Pelamed's 2012 net income?

Pelamed's 2012 net income is $nothing million. (Round to the nearest integer.)

b. What is the total of Pelamed's 2012 net income plus interest payments?

Pelamed's 2012 net income plus interest payments are$nothing million. (Round to the nearest integer.)

c. If Pelamed's had no interest expenses, what would its 2012 net income be?

If Pelamed's had no interest expenses, Pelamed's 2012 net income is$nothing million. (Round to the nearest integer.)

How does it compare to your answer in part (b)?

(Select from the drop-down menu.)

It islower/higher than in part(b).

d. What is the amount of Pelamed's interest tax shield in 2012 Pelamed's interest tax shield in 2012 is$nothing million? (Round to the nearest integer.