Quantitative Problem: Rosnan Industries' 2020 and 2019 balance sheets and income statements are shown below. All of the balance of Cash and Equivalents is an operating asset.

Balance Sheets:
	2020	2019
Cash and equivalents	$100	$85
Accounts receivable	275	200
Inventories	375	250
Total current assets	$750	$535
Net plant and equipment	2,300	1,590
Total assets	$3,050	$2,125
Accounts payable	$150	$85
Accruals	75	50
Notes payable	150	75
Total current liabilities	$375	$210
Long-term debt	450	290
Common stock	1,225	1,225
Retained earnings	1,000	400
Total common equity	$2,225	$1,625
Total liabilities and equity	$3,050	$2,125

Income Statements:
	2020	2019
Sales	$2,285	$1,585
Operating costs excluding depreciation	1,250	1,000
EBITDA	$1,035	$585
Depreciation and amortization	100	75
EBIT	$935	$510
Interest	63	46
EBT	$872	$464
Taxes (25%)	218	116
Net income	$654	$348
Dividends paid	$54	$48
Addition to retained earnings	$600	$300
Shares outstanding	90	90
Price	$26.50	$24.00
WACC	11.00%

Using the financial statements given earlier, what is Rosnan's 2020 economic value added (EVA)? Do not round intermediate calculations. Round your answer to the nearest cent.