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Patel's Sisters has the following data for FY 2 0 1 9 : Net income = $ 6 0 0 Net operating profit after taxes

Patel's Sisters has the following data for FY 2019:
Net income = $600
Net operating profit after taxes (NOPAT)= $700
Total assets = $2,500
Short-term investments = $200
Stockholders' equity = $1,800
Total debt = $700
Total operating capital = $2,100.
WACC =10%.
What is its economic value added (EVA)?
a.$490.00
b. $420.11
c. $465.50
d. $399.11
(Show work please)

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