ACME company reported $35 million of sales and $15 million of operating costs for the most recent fiscal year. The company's financial statements show notes payable of $6 million, long-term debt of $12 million, accounts receivable of $8 million, and shareholder equity of $25 million. Its after-tax cost of capital is 11%, and its income tax rate is 25%. What was the firm's economic value added? 10.50 million 10.92 million 11.50 million 9.97 million 10.27 million