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Casey Motors recently reported the following information: Net income = $516,000. Tax rate = 25%. Interest expense = $160,000. Total invested capital employed = $9.1

Casey Motors recently reported the following information:

Net income = $516,000.

Tax rate = 25%.

Interest expense = $160,000.

Total invested capital employed = $9.1 million.

After-tax cost of capital = 10%.

What is the company's EVA? Answer options are provided in whole dollar.

a. -$274,000

b. -$62,000

c. -$222,000

d. -$394,000

e. $1,546,000

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