Consider the following data to answer question 12 below. The figures are in millions of dollars.

Balance sheet

Cash and short-term investments	7000	Current liabilities		20000
Other current assets	10000	Long-term debt		35000
Non-current assets	62000
Total assets	79000	Equity		24000

Income statement

Operating income		7000
Interest payment		500
Income before taxes		6500
Taxes		1300
Net income		5200

The companys WACC is 8%.

EVA (economic value added) is equal to:

Group of answer choices

-60

1,240

420

-620