Here are simplified financial statements for Watervan Corporation: INCOME STATEMENT (Figures in $ millions) Net sales $ 891.00 Cost of goods sold 751.00 Depreciation 41.00 Earnings before interest and taxes (EBIT) $ 99.00 Interest expense 22.00 Income before tax $ 77.00 Taxes 16.17 Net income $ 60.83 BALANCE SHEET (Figures in $ millions) End of Year Start of Year Assets Current assets $ 379 $ 332 Long-term assets 278 232 Total assets $ 657 $ 564 Liabilities and shareholders equity Current liabilities $ 204 $ 167 Long-term debt 118 131 Shareholders equity 335 266 Total liabilities and shareholders equity $ 657 $ 564 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?