Ch U2: Foundation Problems - FInanclal Statements, Cash Flow, ang Taxes Quantitative Problem: Rosnan Industries' 2020 and 2019 balance sheets and income statements are shown below. All of the balance of Cash and Equivalents is an operating asset. Balance Sheets: 2020 2019 Cash and equivalents $100 $85 Accounts receiva ble 275 200 Inventories 375 250 Total current assets $535 $750 Net plant and equipment 2,300 1,590 Total assets $3,050 $2,125 Accounts payable $85 $150 Accruals 75 50 Notes payable 75 150 Total current liabilities $375 $210 Long-term debt 450 290 Common stock 1,225 1,225 Retained earnings 1,000 400 Total common equity $2,225 $1,625 Total liabilities and equity $3,050 $2,125 Ch 02: Foundation Problems - Financial Statements, Cash Flow, and Taxes Income Statements: 2020 2019 Sales $1,585 $2,285 1,250 Operating costs excluding depreciation 1,000 EBITDA $1,035 $585 Depreciation and amortization 100 75 EBIT $935 $510 46 Interest 63 EBT $872 $464 Taxes (25%) 218 116 Net income $348 $654 Dividends paid $54 $48 Addition to retained earnings $600 $300 Shares outstanding 110 110 Price $25.50 $23.00 WACC 11.00% Using the financial statements above, what is Rosnan's 2020 market value added (MVA)? Do not round intermediate calculations. Round your answer to the nearest dollar. $ Using the financial statements given earlier, what is Rosnan's 2020 economic value added (EVA)? Do not round intermediate calculations. Round your answer to the nearest cent $