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Falconer Company had net (after-tax) income last year of $13,612,940 and total capital employed of $131,869,720. Falconer's actual cost of capital was 7%. Required: 1.

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Falconer Company had net (after-tax) income last year of $13,612,940 and total capital employed of $131,869,720. Falconer's actual cost of capital was 7%. Required: 1. Calculate the EVA for Falconer Company. Enter negative values as negative numbers, if required. Round your answer to the nearest dollar. 2. Conceptual Connection: Is Falconer creating or destroying wealth

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