Provol $($Pty$)$ Ltd had revenues of $$1,300,000,$ cash operating expenses of $$650,000,$ and depreciation and amortization of $$130,000$ during $2019.$ The firm purchased $$65,000$ of equipment during the year while increasing its inventory by $$39,000($with no corresponding increase in current liabilities$).$ The marginal tax rate is $40$ percent. What is Provol$$s NOPAT $($net profit after tax$)$ for $2019.$

Select one:

a$.$

$ $442,000$

b$.$

$ $520,000$

c$.$

$ $312,000$

d$.$

None of the options