Here are simplified financlal statements for Watervan Corporation: INCOME STATEMENT (Figures in millions) $ 881 Net sales 741 Cost of goods sold Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax 31 $ 109 12 $ 97 xes 34 Net income 63 BALANCE SHEET (Figures in $ millions) End of Start of Year Year Assets Current assets $ 369 $ 312 Long-term assets 258 222 Total assets 627 $ 534 Liabilities and shareholders' equity Current liabilities Long-term debt Shareholders' equity $ 194 $ 157 108 121 325 256 Total liabilities and shareholders' equity $ 627 S 534 The company's cost of capital Is 8.5% a. Calculate Watervan's economic value added (EVA). (Do not round Intermedlate calculatlons. Enter your answer In milllons rounded to 2 declmal places.) million Economic value added b. What is the company's return on capital? (Use start-of-year rather than average capital.) (Do not round Intermedlate calculatlons. Enter your answer as a percent rounded to 2 declmal places.) Return on capital % c. What Is its return on equity? (Use start-of-year rather than average equity) (Enter your answer es a percent rounded to 2 decimal places.) Return on equity d. Is the company creating value for Its shareholders? OYes O'No