Please answer b

The table below shows a condensed income statement and balance sheet for Androscoggin Copper's Rumford smelting plant (figures in $ millions). Assume the cost of capital is 11%. Assets, December 31, 2018 Net working capital $ 6.94 Income Statement for 2018 Revenue $ 58.06 Raw materials cost 18.58 Operating cost 20.95 Depreciation 4.36 Pretax income $ 14.17 Tax at 21% 2.98 Net income $11.19 Investment in plant and equipment Less accumulated depreciation Net plant and equipment 70.73 21.15 $ 49.58 Total assets $ 56.52 a. Calculate the plant's EVA. (Enter your answer in millions rounded to 2 decimal places.) EVA $ 4.97 million b. As the table above shows, the plant is carried on Androscoggin's books at $49.58 million. However, it is a modern design, and could be sold to another copper company for $90 million. How should this fact change your calculation of EVA? (Negative answers should be indicated by a minus sign. Enter your answer in millions rounded to 2 decimal places.) EVA million