Use the financial statements below to calculate the fim's NOPAI (net operating profit after taxes) You must type in both the answer and all of your work to receive credit. Acme Products, Inc Balance Sheets Acme Products, Inc. Income Statement ASSETS Cash Receivables Inventory current yr prior yr current yr 7,500 3500 4,000 500 400 Sales (all credit) 750 600 Cost of Goods Sold 1,125 900 Gross Profit Property, plant&equipment 2750 2,200 Operating expenses 1,400 Total assets 5,125 4,100 Depreciation 400 Opertating income Interest expense 2,200 100 2,100 525 1,575 LIABILITIES&EQUITY Accounts payables 625 500 Taxable income Accrued expenses 500 400 Taxes (25%) 1,750 1,400 Net income Long-term debt Common stock Paid-in Capital Retained earnings Total liabilities and equity 750 600 250 200 1.250 1.000 5,125 4,100 WI