Exercise 12-10 Pearl City Hospital is a division of Superior Healthcare that is organized as an investment center. In the past year, the hospital reported an after-tax income of $3,570,000. Total interest expense was $1,600,000, and the hospital's tax rate was 35 percent. Hospital assets totaled $33,800,000, and noninterest-bearing current liabilities were $11,600,000. Superior has established a required rate of return equal to 17 percent of invested capital. Calculate the residual income/EVA of Pearl City Hospital. (Enter negative answers preceding either - sign, e.g. -45 or in parentheses, e.g. (45).) Residual income/EVA Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE Question Attempts: 0 of 3 used