Exercise 18.21 The following selected data pertain to Brannard Company's construction division for last year: Sales $ 2,195,000 Variable costs $ 1,143,000 Traceable fixed costs $ 195,000 Average invested capital (assets) $ 3,000,000 Current liabilities $ 209,000 Required rate of return 16% Marginal tax rate 34% Weighted average cost of capital 13% Calculate the residual income. Residual Income LINK TO TEXT Calculate the return on investment. (Round answer to 2 decimal places, e.g. 25.25%.) Return on investment 19% LINK TO TEXT Calculate the economic value added. EVA 14