Use the following income statement for AEGIS Corp to compute the following:

Assume ANOA was $3,788,402 average shareholders' equity was $2,400,287

A.Tax Shield

B.Taxes on operating profit

C.Tax rate on operating profit

D.NOPAT

E.RNOA

F.Non-operating ROE

The company's Statutory Tax Rate is 37%

Consolidated statement of income

For the year ended Dec. 31, 2016

Net Sales $ 6,700,892

Cost of sales 3,206,800

Gross Profit 3,494,092

Advertising and promotion expense 750,600

Other selling and administrative expenses 1,960,560

Operating income 782,932

Interest expense 72,800

Interest (income) (1,404)

Other nonoperating (income), net (2,662)

Income before income taxes 714,198

Provision for income taxes 260,008

Net income$ 454,190