A firm has $15,500 of capital and a weighted average cost of capital (WACC) of 11.85 percent. The income statement for the firm follows. Determine the economic value added (EVA) for 2015.

Enter your answer is whole dollars, rounded to the nearest dollar. Do not enter the "$". For example, if your answer is $5048.93, enter "5,049".

\begin{tabular}{|l|r|} \hline Income Statement (In Thousands) & \multicolumn{1}{|c|}{2015} \\ \hline Sales & $15,000.00 \\ \hline Operating costs & $9,000.00 \\ \hline EBITDA & $6,000.00 \\ \hline Depreciation & $950.00 \\ \hline EBIT & $5,050.00 \\ \hline Interest ( 8%) & $120.00 \\ \hline Earnings before taxes & $4,930.00 \\ \hline Taxes (40\%) & $1,972.00 \\ \hline Net income & $2,958.00 \\ \hline Common dividends & $1,058.00 \\ \hline \end{tabular}