Economic Value Added Washington Company has two divisions: the Adams Division and the Jefferson Division. The following information pertains to last year's results: Adams Division Jefferson Division Net (after-tax) income Total capital employed Washington's actual cost of capital was 13%. Required 1. Calculate the EVA for the Adams Division. If required, enter a negative EVA as a negative number by entering your answer with the minus sign $623,150 $349,650 4,400,000 3,575,000 2. Calculate the EVA for the Jefferson Division. If required, enter a negative EVA as a negative number by entering your answer with the minus sign 3. Conceptual Connection: Is each division creating or destroying wealth? Adams Division Jefferson Division