lases Here are simplified financial statements of phone corporation from a recent year. Income Statement (millions of dollars) Net sales 13,215 Cost of goods sold 4,038 Other expenses 4.271 Depreciation 2.496 Earnings before interest and taxes (EBIT) 2.61e Interest expenses 707 Income before tax Taxes 548 Net Income 1.355 Dividends 845 Start of Year Statement of Financial Position (lions of dollars) End of Year Assets: Cash and marketable securities 100 Receivables Inventories 2,360 198 Other current assets 856 Total current assets 3,514 Net property, plant, and equipment 19,951 Other long-term assets 4.227 Total assets 27,692 Liabilities and shareholders' equity Payables Short-term debit 1,408 Other current abilities Total current liabilities 4,305 Long-term debt and leases 7.002 Other long-term abilities 6.199 Shareholders equity 9.636 Total abilities and shareholders' equity 27,692 169 2.468 249 923 3,887 19,893 2,781 27,481 3,051 790 6.811 6,160 9.099 Phone Corp's cost of capital was 72% 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) NCPAT 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