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) income605,000 Total capital employed washington's actual cost of capital was 12%. 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. $285,000 X 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. 315,000 4,000,000 3,250,000 14,30oX 3. Conceptual Connection: Is each division creating or destroying wealth? Adams Division Jefferson Division Creating wealth Destroying wealth v 4. Conceptual Connection: Describe generally the types of actions that Washington's management team could take to increase Jefferson Division's EVA? a. Increase the after-tax operating profit that is generated from using the same amount of invested capital b. Continue to generate the same after-tax operating profit but use less capital to do so. C.Continue to generate the same after-tax operating profit using the same amount of capital, but with a lower cost of capital. d. Decrease the after-tax operating profit that is generated from using the same amount of invested capital. e. Continue to generate the same after-tax operating profit but use more capital to do so