December 31, 2020, Pottsdam's chief financial officer (CFO) received the following information about the performance of the property/casualty division: (Click the icon to view the data.) Read the Requirements 1. What was the net income after taxes of the property/casualty division? 2. What was the division's ROI for the year? 3. Based on Pottsdam's required rate of return of 12%, what was the property/casualty division's residual income for 2020? 4. Pottsdam's CFO has heard about EVA and is curious about whether it might be a better measure to use for evaluating division managers. Pottsdam's four divisions have similar risk characteristics. Pottsdam's debt trades at book value while its equity has a market value approximately 110% that of its book value. The company's cost of equity capital is 12%. Calculate each of the following components of EVA for the property/casualty division, as well as the final EVA figure: a. Net operating profit after taxes b. Weighted-average cost of capital c. Investment, as measured for EVA calculations Data table