Forecasting and Estimating Share Value Using the DCF Model Following are the income statement and balance sheet for Intel Corporation.

INTEL CORPORATION Consolidated Statements of Income
Year Ended (In millions)	Dec. 25, 2010	Dec. 26, 2009	Dec. 27, 2008
Net revenue	$ 45,223	$ 35,127	$ 37,586
Cost of sales	15,132	15,566	16,742
Gross margin	30,091	19,561	20,844
Research and development	6,576	5,653	5,722
Marketing, general and adminstrative	6,309	7,931	5,452
Restructuring and asset impairment charges	--	231	710
Amortization of acquisition-related intangibles	18	35	6
Operating expenses	12,903	13,850	11,890
Operating income	17,188	5,711	8,954
Gains (losses) on equity method investments, net	117	(147)	(1,380)
Gains (losses) on other equity investments, net	231	(23)	(376)
Interest and other, net	109	163	488
Income before taxes	17,645	5,704	7,686
Provisions for taxes	4,581	1,335	2,394
Net income	$ 13,064	$ 4,369	$ 5,292

Compute net operating profit after tax (NOPAT) for 2010, assuming a federal and state statutory tax rate of 37%.(Round your answer to the nearest whole number.) 2010 NOPAT =