Here are simplified financial statements for Watervan Corporation:

The company's cost of capital is $8\mathrm{.}5\%.$

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.