Galvan Consulting, Inc. recently reported the following information:

$,$ Net income $=$$$900,000$

$,$ Sales $=$$$3,500,000$

Total Assets $=$$$4$ million

Tax rate $=40\%$

Interest expense $=60,000$

Accounts Payable $=230,000$

Notes Payable $=150,000$

Accruals $=70,000$

After$-$tax cost of capital $=12\%$

What is the company's EVA?

a$.$ $$474,000$

b$.$ $$510,000$

c$.$ $$492,000$

d$.$ $$456,000$

e$.$ None of the above.

The answer is C$,$ please explain all steps. I am confused on how to get the Total Capital, so please tell me how to do that in depth and what it consists of$.$