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Coldbrook Company has two sources of funds: longminusterm debt with a market and book value of $ 18 comma 000 comma 000$18,000,000 issued at an

Coldbrook Company has two sources of funds:

longminusterm

debt with a market and book value of

$ 18 comma 000 comma 000$18,000,000

issued at an interest rate of

1010%,

and equity capital that has a market value of

$ 3 comma 000 comma 000$3,000,000

(book value of

$ 6 comma 500 comma 000$6,500,000).

Coldbrook Company has profit centers in the following locations with the following operating incomes, total assets, and current liabilities. The cost of equity capital is

1515%,

while the tax rate is

3030%.

Operating Income

Assets

Current Liabilities

Bish Bash Falls

$815,000

$3,750,000

$800,000

Brooksville

$ 1 comma 200 comma 000$1,200,000

$ 5 comma 200 comma 000$5,200,000

$ 1 comma 400 comma 000$1,400,000

Stonybrook

$2,450,000

$9,250,000

$3,180,000

What is the

EVA

for Brooksville? (Round intermediary calculations to four decimal places.)

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