Given the following financial statements for ARGON Corporation

Income Statement
Year Ended 12/31/18
Sales	$1,300,000
Cost of Goods Sold	750,000
Operating Expenses	200,000
Depreciation Expense	100,000
EBIT	250,000
Interest Expense	50,000
EBT	200,000
Taxes (40%)	80,000
Net Income	$120,000

Balance Sheet
	12/31/2018		12/31/2017
Current Assets	$50,000		$45,000
Fixed Assets	430,000		350,000
Total Assets	$480,000		$395,000
Current Liabilities	$35,000		$50,000
Long-term Debt	330,000		270,000
Common Stock	5,000		5,000
Retained Earnings	110,000		70,000
Total Liabilities & Equity	$480,000		$395,000

What is ARGONs EVA, assuming that ARGONs WACC is 8%?

		$25,200
		$32,000
		$50,000
		$54,400