2015	2014
Cash	102,850,000	89,725,000
Accounts receivable	103,365,000	85,527,000
Inventories	38,444,000	34,982,000
Total current assets	244,659,000	210,234,000
Net fixed assets	67,165,000	42,436,000
Total assets	311,824,000	252,670,000
Accounts payable	30,761,000	23,109,000
Accruals	30,477,000	22,656,000
Notes payable	16,717,000	14,217,000
Total current liabilties	77,955,000	59,982,000
Long-term debt	76,264,000	63,914,000
Total liabilties	154,219,000	123,896,000
Common stock	100,000,000	90,000,000
Retained earnings	57,605,000	38,774,000
Total common equity	157,605,000	128,774,000
Total liabilities and equity	311,824,000	252,670,000

Sales for 2015 were $455,150,000, and EBITDA was 15% of sales. Furthermore, depreciation and amortization were 11% of net fixed assets, interest was $8,575,000, the corporate tax rate was 40%, and Laiho pays 40% of its net income as dividends.

Assume that the firm's after-tax cost of capital is 10.5%. What is the firms's 2015 EVA? Assume that the firm's stock price is $22 per share and that at year-end 2015 the firm has 10 million shares outstanding. What i the firm's MVA at year-end 2015?