Coldbrook Company has two sources of funds: longterm debt with a market and book value of $19,000,000 issued at an interest rate of 11%, and equity capital that has a market value of $9,000,000 (book value of $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 17%, while the tax rate is 35%.

	Operating Income	Assets	Current Liabilities
Bish Bash Falls	$ 815,000	$3,750,000	$ 800,000
Brooksville	$1,100,000	$5,000,000	$1,200,000
Stonybrook	$2,450,000	$9,250,000	$3,180,000

What is the EVA for Stonybrook? (Round intermediary calculations to four decimal places.)

Coldbrook Company has two sources of funds: long - term debt with a market and book value of $19,000,000 issued at an interest rate of 11%, and equity capital that has a market value of $9,000,000 (book value of $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 17%, while the tax rate is 35%. What is the EVA for Stonybrook? (Round intermediary calculations to four decimal places.) A. $1,592,500 B. $966,076 C. $475,298 D. $626,424