17. The calculation of a firm's Market Value Added (MVA) and Economic Value Added (EVA) Josh, your newly appointed boss, has tasked you with evaluating the following financial data for Galaxy Corp. to determine how Galaxy's value has changed oven the past year. The investment firm for which you work will make a positive (or "buy) recom mendation to its investing dients if Galaxy's value has increased over the past year, a neutral (or "hold") recom mendation if the value has remained constant, or a negative (or "sell) recommendation if the value has decreased. Hehas recom mended that you use several metrics to ascertain how the firm's value has changed, and he has provided you with the following income statementand balance sheet. Galaxy Corp Income Statement January 1- December 31, Year 2 Galaxy Corp Balance Sheet December 31, Year 2 Year 2 $3,850,00D 3,080,000 770,000 134,750 635,250 115,500 519,750 207,900 $311,850 Year 1 $3,500,000 2,870,00D 630,000 122,500 507,500 87,500 Year 2 $249,375 831,250 1,454,6BB 2,535,313 1,620,937 $4,156,25D Year 1 $199,500 665,000 1,163,750 2,028,250 1,296,750 $3,325,000 Cash and cash equivalents Receivables Depreciation and amortization expense Current assets Net fixed assets Total assets Liabilities and Equity: Accounts payable Accruals Nates payable expense EBT $623,438 105,234 872,813 1,901,485 800,078 2,701,563 290,937 1,163,750 1,454,687 $4,156,25D 290,937 7.98% $498,750 324,188 698,250 1,521,188 540,063 2,161,250 232,750 931,000 1,163,75D $3,325,000 232,750 7.30% Tax expense (40%) 168,000 $252,000 Common dividends $187,110 124,740 $151,200 100,800 Total current liabilities Addition to retained eanings Long-term debt Total liabilities Common stack ($1 par) Retained eamings Total equity Total debt and equity Shares outstanding Weighted average cost of capital To facilitate your analysis, com plebe the following table, and use the results to answer the related questions. Round your percentage change answers totwo decimal places