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Blossom Corporation provided the following segment margin income statement for two of its divisions: East and West. East West Total Revenue $ 575,000 $ 567,000

Blossom Corporation provided the following segment margin income statement for two of its divisions: East and West.

East

West

Total

Revenue

$ 575,000 $ 567,000 $ 1,142,000

Variable expenses

Product

393,000 283,000 676,000

Selling and administrative

103,000 111,000 214,000

Contribution margin

79,000 173,000 252,000

Less traceable fixed costs

43,000 63,000 106,000

Segment margin

$ 36,000 $ 110,000 146,000

Common fixed costs

176,000

Net operating income

$ (30,000 )

Blossom actual weighted-average cost of capital is 10% and its tax rate is 30%. The East division balance sheet showed $323,000 of assets ($81,000 current and $242,000 long-term) and $343,000 of liabilities ($142,000 current and $201,000 long-term). The West division reported $383,000 of assets ($101,000 current and $282,000 long-term) and $283,000 of liabilities ($83,000 current and $200,000 long-term).

Calculate the economic value added for each division.

East

West

Economic value added

$enter economic value added in dollars for east $enter economic value added in dollars for west

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