Last Year, a Firm Had Sales of $200,000

Multiple Choice

Last year, a firm had sales of $200,000. Its cost of goods sold was $75,000; administrative expenses were $25,000; marketing expenses were $25,000; depreciation expense was $10,000; and interest expense was $15,000. If the tax rate is 30%, what was the firm's NOPAT last year?]

A) $19,500
B) $35,000
C) $45,500
D) $52,500