Calculate EVA from the following data.

		2018	2019
Operating Income		$ 35,058	$ 42,959
Research		14,726	16,876
Depreciation, Amortization, Other		10,261	11,682
Accum. Depreciation		29,223	35,330
Accum. Amortization		6,500	7,000
Tax Rate		20%	10%
Cash		133,768	133,819
Debt		76,240	72,178
Equity		82,718	102,330
Required Return (WACC)		9%	9%
NOPAT		?	?
Investment		?	?
EVA		?	?

Choices?

$ 41,228

$ 48,036

$ 75,639

$ 14,726