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Carolina Corporation has an after-tax operating income of $3,220,000 and a 11% weighted-average cost of capital. Assets total $7,020,000 and current liabilities total $1,820,000. On

Carolina Corporation has an after-tax operating income of $3,220,000 and a 11% weighted-average cost of capital. Assets total $7,020,000 and current liabilities total $1,820,000. On the basis of this information, Carolina's economic value added is:

$2,247,600.

$2,648,000.

$3,792,000.

$4,192,400.

None of these.

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