Marine Division of Sando Company Reported Net Operating Profit After

Marine Division of Sando Company reported net operating profit after taxes of $27,000 in 2014. The cost of capital was 14 percent and the invested capital was $150,000. Current year R&D expense is $80,000. If R&D had been capitalized, amortization would have been $20,000 for 2014. The income tax rate is 30 percent. How much is adjusted NOPAT to be used in calculating EVA for 2014?

A) $45,000
B) $41,000
C) ($15,000)
D) $69,000