Here are simplified financial statements for Watervan Corporation:

INCOME STATEMENT
(Figures in $ millions)
Net sales	$	884.00
Cost of goods sold		744.00
Depreciation		34.00
Earnings before interest and taxes (EBIT)	$	106.00
Interest expense		15.00
Income before tax	$	91.00
Taxes		19.11
Net income	$	71.89

BALANCE SHEET
(Figures in $ millions)
	End of Year				Start of Year
Assets
Current assets	$	372			$	318
Long-term assets		264				225
Total assets	$	636			$	543
Liabilities and shareholders equity
Current liabilities	$	197			$	160
Long-term debt		111				124
Shareholders equity		328				259
Total liabilities and shareholders equity	$	636			$	543

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.)