e) Given the firms WACC is 10%, what is EVA during 2021?

Sales Cost of Goods Sold Selling and Administrative Expenses Advertising Expenses Depreciation Earnings before interest and Taxes Interest Expense Earnings before Taxes Taxes (38%) Net Income AAA INC INCOME STATEMENT FOR YEAR ENDED DEC 31ST, 2021 2020 $ 16,740,000 $ 14,025,000 $ 10,250,000 9,250,000 1,230,000 1,075,000 650,000 525,000 154,000 122,800 4,456,000 3,052,200 208,500 155,500 4,247,500 2,896,700 1,614,050 1,100,746 $ 2,633,450.00 $ 1,795,954.00 $ 2019 127,500,000 8,600,500 950,800 250,000 105,400 2,843,300 132,250 2,711,050 1,030,199 1,680,851.00 AAA INC BALANCE SHEET FOR YEAR ENDED DEC 31ST, Assets Cash and Equivalents Accounts Receivable Inventory Total Current Assets Prop, Plant & Equip-Net Total Assets 2021 2020 $ 150,450 $ 102,750 $ 2,635,300 2,200,700 827,500 787,800 3,613,250 3,091,250 5,893,670 5,287,550 $ 9,506,920.00 $ 8,378,800.00 $ 2019 85,650 1,800,400 675,350 2,561,400 4,750,400 7,311,800.00 2021 2020 2019 Liabilities & Equity Accounts Payable Accrued Wages Payable Income Tax Payable Short-term Debt Total Current Liabilities Long-term Debt Total Liabilities Common Stock Retained Earnings Total Equity Total Liabilities and Equity $ 926,750 $ 140,300 250,660 775,800 2,093,510 2,528,700 4,622,210 1,770,000 3,114,710 4,884,710 $ 9,506,920.00 $ 787,850 $ 128,640 220,320 818,750 1,955,560 2,302,400 4,257,960 1,250,000 2,870,840 4,120,840 8,378,800.00 $ 645,250 112,400 195,500 915,300 1,868,450 1,750,400 3,618,850 1,100,000 2,592,950 3,692,950 7,311,800.00