7-23 Beslan's income statement shows its net income this ainebles year was $143,000, its interest expense was $125,000, and its marginal tax rate was 35 percent. Beslan's balance sheet shows its invested capital is $1.4 million. If its average cost of funds is 14 percent, what was up priw Beslan's economic value added (EVA) this year? (LO 7-3)

7-23 Beslan's income statement shows its net income this year was $143,000, its interest expense was $125,000, and its marginal tax rate was 35 percent. Beslan's balance sheet shows its invested capital is $1.4 million. If its average cost of funds is 14 percent, what was Beslan's economic value added (EVA) this year? (LO 7-3)