here are simplified financial statements for Watervan Corporation:

Net sales $889.00

Cost of goods sold 749.00

Depreciation 39.00

Earning before interest and taxes $101.00

Interest expenses 20.00

Income before tax $81.00

Taxes 17.01

Net incone 63.99

current assets end of year $377 start of year $328

Long-term assets end of year 116, start of year 129

Shareholders equity end of year 333, start of year 264

Total liabilities and shareholders equity, end of year $651, start of year $558

The company's cost of capital is 8.5%

a) Calculate Watervan's economic value added (EVA)

b) What is the company's return on capital?

c) What is its return on equity?

d) Is tge compsny creating value for its shareholders?