in details please

Measure #3: Economic Value Added (EVA) . = . EVA is a refined version of RI (accounts for taxes + more accurate measurement of cost of capital) EVA = NOPAT - [WACC (invested capital - current liabilities)] NOPAT = net operating profit after taxes [ = (1-tax rate)*net operating profit before taxes ] WACC = weighted average cost of capital Example: AST Distributors has an 8% cost of capital and a 30% income tax rate. Amounts for the Florida Division for the current year are: Assets $3,500,000 Division income $1,050,000 Current liabilities $ 250,000 . Question: what is Florida Division's EVA? 25