Use these financial statements for a manufacturing company to answer the following questions. Use the effective tax rate for tax effects and assume cash is 75% operating assets and 25% financing assets. Round all answers to two decimal places and input percentages as decimals, e.g. 35% as 0.35. Question 1 Calculate net operating assets (NOA) Question 2 Calculate operating income (OI) 430 Question 3 Calculate net borrowing costs (NBC) Income statement 2020 Balance sheet 12/31/19 Sales 850 Cash 275 Cost of goods sold (300) Inventory 130 SG&A expense (120) Accounts receivable 100 Interest income 10 PP&E 770 Interest expense (25) Accounts payable (225) Income tax expense (111) Notes payable (350) Net income 304 Owner's Equity 700 1 pts 1 pts 1 pts