Identifying Operating and Nonrecurring IncomeComponents

Following is the The Dow Chemical Company income statement.

Net sales	$58,167	$57,080
Cost of sales	47,464	47,594
Research and development expenses	1,647	1,747
Selling, general, and administrative expenses	3,106	3,024
Amortization of intangibles	436	461
Goodwill and other intangible asset impairment losses	50	-
Restructuring charges (credits)	(3)	(22)
Asbestos-related charge	78	-
Equity in earnings of nonconsolidated affiliates	835	1,034
Sundry income (expense)—net	(27)	2,554
Interest income	51	41
Interest expense and amortization of debt discount	983	1,101
Income before income taxes	5,265	6,804
Provision for income taxes	1,426	1,988
Net income	$3,839	$4,816

equired

a. Identify the components in its statement that you wouldconsider operating.
b. Identify those components that you would considernonrecurring.

($ millions) For Year Ended	December 31		a.	b.
	2014	2013	Operating?	Nonrecurring?
Net sales	$58,167	$57,080	YesNo	YesNo
Cost of sales	47,464	47,594	YesNo	YesNo
Research and development expenses	1,647	1,747	YesNo	YesNo
Selling, general, and administrative expenses	3,106	3,024	YesNo	YesNo
Amortization of intangibles	436	461	YesNo	YesNo
Goodwill and other intangible asset impairment losses	50	-	YesNo	YesNo
Restructuring charges (credits)	(3)	(22)	YesNo	YesNo
Asbestos-related charge	78	-	YesNo	YesNo
Equity in earnings of nonconsolidated affiliates	835	1,034	YesNo	YesNo
Sundry income (expense)—net	(27)	2,554	YesNo	YesNo
Interest income	51	41	YesNo	YesNo
Interest expense and amortization of debt discount	983	1,101	YesNo	YesNo
Income before income taxes	5,265	6,804
Provision for income taxes	1,426	1,988	YesNo	YesNo
Net income	$3,839	$4,816

c. Compute net operating profit after taxes (NOPAT) and netoperating profit margin (NOPM) for each year.
Assume a statutory tax rate of 35%.

	2014	2013
NOPAT (Round your answer to the nearest million dollar.)	$ million	$ million
NOPM (Round your answer to one decimal place.)	%	%

I can't get NoPat right...someone already answered this questionon chegg but the answer for Nopat is wrong. please help.