Forress 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 $4,130,000. Total interest expense was $1, 947,000, and the hospital 's tax rate was 20 percent. Hospital assets totaled $41, 300, 000, and noninterest - bearing current laibilities were $13,452,000. Superior has established a required rate of return equal to 18 percent of invested capital.

Calculate the residual income/EVA of Forress Hospital