Use the following information to answer the questions:

Assets Liabilities and Equity

Cash $12,000$ Accounts payable $19,000$

Marketable securities $4,000$ Notes payable $8,000$

Accounts receivable $8,000$ Current liabilities $27,000$

Inventory $27,000$ Long$-$term debt $80,000$

Current assets $51,000$ Total liabilities $107,000$

Machines $42,000$ Paid$-$in capital $30,000$

Real estate $60,000$ Retained earnings $16,000$

Net fixed assets $102,000$ Equity $46,000$

Total assets $153,000$ Total liab. & equity $153,000$

Line item Value

Sales $700,000$

Operating expenses $574,000$

Depreciation $25,000$

EBIT $101,000$

Interest $8,000$

Taxable income $93,000$

Taxes $(33\%)30,690$

Net income $62,310$

What is ROIC?