$($Related to Checkpoint $4\mathrm{.}3)($Analyzing Profitability$)$ In $2016,$ the Allen Corporation had sales of $ $66$ million, total assets of $ $50$ million, and total liabilities of $ $25$ million. The interest rate on the company's debt is $5\mathrm{.}8$ percent, and its tax rate is $35$ percent. The operating profit margin is $13$ 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.$)$

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Part $1$

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

The firm's $2016$ net operating income is $

enter your response here million. $($Round to two decimal places.