I need help understanding why my MVA dropped significantly in year 2022 vs. 2021?

FIN 660 TEAM DIGBY YEAR 2022 Part I WACC Capital Asset Pricing Model Cust of equity rs rR (RPM) b rRE-6.0 % given given RPM 5.0% given b-1.0 rs 6.0 % +5.0 % ( 1,0 ) rs 11.0% Market Value of Equity Price per share $14.37 Found in Stock Market Summary 3.079.916 Found in Stock Market Summan Number of Shares Market value of equity $44,258,393 $12.38 Faund in Stock Market Surnmar Boak value of equity per share total $38,129,360 Market Value of Debt Market Value Yield Series Face Value Close Mkt. X Yield $654,418 $101.91 $666.917 $78,696 12.0s2023 11.80% $2,600,000 $107.72 $338,887 13.052025 $2,800,720 12.10% 000 000 SA O69 200 2021 101 73 $6,000,000 $99.38 $5,962,800 $590,317 9.852032 9.90% Information found in Bond Summary $15,510,237 10.41% Wtd. Yield Book value of I.t. debt $15,254,418 Market share of I .debt in total capitalization: 25.95% Weighted Average Cost of Capital WACC = wdrd(1-TI+wpsrps+wcers 25.95% A 05% 10416 rd WACC Equity Share Total Debt A.T. Debt Share 6.76 % WACC- 10.41 % 1.76% 8.15% 9.90% Weighted average cost of capital for Practice Year 2 was: 9.90% Part II EVA Calculation: Net Operating Capital (book): $4,557,197 EBIT Current Debt $3.323.000 ate $2.962.178 NOPAT (EBIT(1-T) $15.254.418 LT. Debt $38,129,360 Equity S.T. Invest. (less) Net operating capital WACC $56,706,778 not relevant 9.90% Dollar Cost of Capital $5,614,298 $56,706,778 EVA - NOPAT-Dollar Cost ot Capital ($2,652,120) Part III MVA Calculatlon Market value of equity $44.258.393 Book value of equity $38.129.360 MVA $6,129,033