Here are simplified financial statements for Watervan Corporation: INCOME STATEMENT (Figures in $ millions) Net sales $ 894.00 Cost of goods sold 754.00 Depreciation 44.00 Earnings before interest and taxes (EBIT) $ 96.00 Interest expense 25.00 Income before tax $ 71.00 Taxes 14.91 Net income $ 56.09 BALANCE SHEET (Figures in $ millions) End of Year Start of Year Assets Current assets $ 382 $ 338 Long-term assets 284 235 Total assets $ 666 $ 573 Liabilities and shareholders equity Current liabilities $ 207 $ 170 Long-term debt 121 134 Shareholders equity 338 269 Total liabilities and shareholders equity $ 666 $ 573 The companys cost of capital is 8.5%. a. Calculate Watervans economic value added (EVA). (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) b. What is the companys return on capital? (Use start-of-year rather than average capital.) (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) c. What is its return on equity? (Use start-of-year rather than average equity.) (Enter your answer as a percent rounded to 2 decimal places.) d. Is the company creating value for its shareholders?