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42. Casey Motors recently reported the following information: Net income = $996,000. Tax rate = 25%. Interest expense = $170,000. Total invested capital employed =

42.

Casey Motors recently reported the following information:

  • Net income = $996,000.

  • Tax rate = 25%.

  • Interest expense = $170,000.

  • Total invested capital employed = $9.9 million.

  • After-tax cost of capital = 10%.

What is the company's EVA? Answer options are provided in whole dollar.

a. $2,113,500

b. $338,000

c. $508,000

d. $133,500

e. $6,000

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