Consider the following case: Last year, Jackson Tires reported net sales of $40 million and total operating costs (including depreciation) of $26 million. It had $75 million of investor-supplied capital, with an after-tax cost of 12.5%. If the company's tax rate is 40%, how much value did its management create or lose for Jackson Tire during the year? O-$0.975 million O -$0.268 million O $35.625 million O $14.625 million According to Jackson Tires's balance sheet, the firm has $120 million of total common equity (common stock plus retained earnings) and 15 million shares of common stock outstanding. If the company's current stock price is $30.00, then what is Jackson Tires's current market value added (MVA)? O $281 million O $396 million O $451 million O $330 million