Here are simplified financial statements of phone corporation from a recent year:

Income Statement (millions of dollars)
Net sales	13,217
Cost of goods sold	4,036
Other expenses	4,073
Depreciation	2,494
Earnings before interest and taxes (EBIT)	2,614
Interest expenses	709
Income before tax	1,905
Taxes	546
Net income	1,359
Dividends	844

Statement of Financial Position (millions of dollars)
	End of Year		Start of Year
Assets:
Cash and marketable securities	101		170
Receivables	2,358		2,466
Inventories	199		250
Other current assets	855		920
Total current assets	3,513		3,806
Net property, plant, and equipment	19,949		19,891
Other long-term assets	4,228		3,782
Total assets	27,690		27,479
Liabilities and shareholders' equity:
Payables	2,576		3,052
Short-term debt	1,407		1,561
Other current liabilities	823		799
Total current liabilities	4,806		5,412
Long-term debt and leases	7,066		6,809
Other long-term liabilities	6,190		6,161
Shareholders' equity	9,628		9,097
Total liabilities and shareholders' equity	27,690		27,479

Phone Corp.s cost of capital was 7.1%. Estimate the tax rate (taxes/income before taxes) and calculate net operating profit after taxes. (Round your intermediate calculations and final answers to 2 decimal places. Enter your answer for NOPAT in millions of dollars.)

Estimated tax rate	%

NOPAT	$

What was Phone Corp's economic value added? (Round your intermediate calculations and final answer to 2 decimal places. Enter your answer in millions of dollars.)

EVA	$