HHH Inc. reported $12,250 of sales and $7,025 of operating costs (including depreciation). The company had $18,750 of investor-supplied operating assets (or capital), the weighted average cost of that capital (the WACC) was 9.5%, and the federal-plus-state income tax rate was 25%. What was HHH's Economic Value Added (EVA), i.e., how much value did management add to stockholders' wealth during the year?

Select the correct answer.

a. $2,191.10

b. $2,164.30

c. $2,137.50

d. $2,150.90

e. $2,177.70