Here are simplified financial statements for Watervan Corporation: The company's cost of capital is 8.5%. Required: a. Calculate Watervan's economic value added (EVA). Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places. b. What is the company's return on capital? (Use start-of-year rather than average capital.) Note: 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.) Note: Enter your answer as a percent rounded to 2 decimal places. \begin{tabular}{|l|l|l|} \hline a. Economic value added & & million \\ \hline b. Return on capital & & % \\ \hline c. Return on equity & % \\ \hline d. Is the company creating value for its shareholders? & Yes & \\ \hline \end{tabular}